Mission Statement, Vision, & Core Values of Village Super Market, Inc. (VLGEA)

Ever wonder what drives your favorite supermarket's decisions? With Village Super Market, Inc. (VLGEA) reporting a revenue of $2.24 billion USD in 2024, a 3.23% increase from the previous year, understanding their mission, vision, and core values becomes crucial. How do these guiding principles shape their business strategies and impact your shopping experience?

Delving into VLGEA's mission, vision, and core values offers insights into their commitment to customers, employees, and the communities they serve. Do these values translate into tangible benefits for shoppers and stakeholders alike?

Village Super Market, Inc. (VLGEA) An Overview of

Village Super Market, Inc., trading under the symbol VLGEA, has a rich history rooted in providing communities with quality grocery products and services. Founded in 1937, the company operates a chain of supermarkets primarily under the ShopRite banner. These stores offer a wide array of products, including fresh produce, meat, seafood, baked goods, deli items, and a variety of grocery and household products. Village Super Market focuses on delivering value and convenience to its customers through a combination of competitive pricing, a diverse product selection, and customer-focused service. As of April 2025, Village Super Market continues to serve numerous communities, maintaining its commitment to quality and customer satisfaction.

In the fiscal year 2024, Village Super Market, Inc. demonstrated strong financial performance. The company achieved a record-breaking revenue of approximately $2.1 billion. A significant portion of this revenue came from its core supermarket operations, particularly strong sales in fresh produce and private label brands, which saw an increase of 8%. The company's strategic focus on enhancing its online shopping platform and expanding its delivery services also contributed to its financial success, with e-commerce sales growing by 15%. Furthermore, Village Super Market experienced growth in key markets, driven by store expansions and renovations aimed at improving the shopping experience. The company's commitment to operational efficiency and customer satisfaction has solidified its position in the competitive grocery market.

Village Super Market, Inc. stands as one of the leading companies in the supermarket industry, known for its long-standing commitment to quality, customer service, and community engagement. To understand the factors driving the success of Village Super Market, Inc. and its financial well-being, explore: Breaking Down Village Super Market, Inc. (VLGEA) Financial Health: Key Insights for Investors

Village Super Market, Inc. (VLGEA) Mission Statement

Village Super Market, Inc., guided by the Sumas family since its founding in 1937, operates with the mission 'to care deeply about people, helping them to eat well and be happy.'

This mission drives the company's commitment to providing high-quality, affordable food while maintaining a dedication to environmental sustainability and community involvement. Breaking Down Village Super Market, Inc. (VLGEA) Financial Health: Key Insights for Investors

Key aspects of Company's mission include:

• Quality Products: Offering a wide range of fresh produce, meat, dairy, and bakery items, with an emphasis on locally sourced options.
• Customer Service: Investing in staff training to ensure exceptional customer experiences.
• Community Engagement: Actively participating in local communities to enhance brand image and customer loyalty.
• Sustainability: Reducing environmental impact through sustainable business practices.

The company operates 34 supermarkets under the ShopRite and Fairway banners in New Jersey, New York, Maryland, and Pennsylvania, as well as four Gourmet Garage specialty markets in New York City.

Village collaborates with a local nutritionist to provide customers with organic, fresh grab-and-go prepared food meals and has initiated a pilot Pop-Up program in New York City for local community vendors to sell their goods.

The company's stores also offer an Order, Pickup, Deliver option for seamless integration between physical and online platforms.

Village Super Market's mission is supported by its core values:

• Act with Integrity
• Respect for All
• Care Deeply
• Challenge Yourself
• Welcome to the Family!

These values reflect the company's dedication to its associates, customers, and the communities it serves.

Village Super Market, Inc. reported revenue of $2.28 billion USD for the fiscal year 2024, a 3.96% increase over the $2.19 billion USD in 2023.

As of April 13, 2025, the company has approximately 7,300 employees.

Village Super Market, Inc. has a market capitalization of $516.8 million, with a P/E ratio of 10.45 and an Earnings Per Share (EPS) of $3.41.

Village Super Market, Inc. (VLGEA) Vision Statement of

Understanding the strategic direction of Village Super Market, Inc. (VLGEA) requires a close examination of its mission, vision, and core values. These elements provide a roadmap for the company’s goals, operational principles, and interactions with stakeholders. The company's financial performance and market position reflect the practical application of these guiding statements.

To delve deeper into the historical context, ownership structure, mission, and operational mechanisms of the company, you can explore: Village Super Market, Inc. (VLGEA): History, Ownership, Mission, How It Works & Makes Money

Mission Statement

Village Super Market's mission statement focuses on delivering a superior shopping experience to its customers. This involves providing a wide selection of high-quality products, competitive prices, and exceptional customer service. The company aims to create a welcoming and convenient environment for shoppers, fostering customer loyalty and repeat business. This commitment is reflected in their operational strategies and customer-focused initiatives.

Key components of Village Super Market's mission include:

• Offering a diverse range of products to meet varied customer needs.
• Maintaining competitive pricing to provide value to shoppers.
• Ensuring high standards of product quality and freshness.
• Delivering outstanding customer service to enhance the shopping experience.
• Creating a convenient and appealing store environment.

Vision

While a specific, publicly declared vision statement for Village Super Market, Inc. isn't readily available, we can infer their long-term aspirations from their actions, mission, and core values. The company's vision is likely centered on sustained growth, market leadership, and community engagement. This involves expanding their footprint, enhancing their brand reputation, and adapting to changing consumer preferences. Their vision also includes maintaining a strong financial performance and delivering value to shareholders.

Elements of the inferred vision for Village Super Market likely include:

• Expanding market presence through strategic store locations and acquisitions.
• Enhancing brand recognition and customer loyalty.
• Adopting innovative technologies to improve operational efficiency and customer experience.
• Maintaining financial stability and profitability.
• Contributing positively to the communities they serve.

Core Values

Village Super Market's core values emphasize integrity, customer satisfaction, and employee development. These values guide the company's behavior and decision-making processes. A commitment to ethical conduct, teamwork, and continuous improvement is evident in their corporate culture. These values are essential for building trust with customers, fostering a positive work environment, and achieving long-term success.

The company's core values likely encompass:

• Integrity: Conducting business with honesty and ethical standards.
• Customer Focus: Prioritizing customer needs and striving for satisfaction.
• Teamwork: Promoting collaboration and mutual support among employees.
• Employee Development: Investing in training and growth opportunities for staff.
• Community Engagement: Supporting local communities through various initiatives.

Village Super Market, Inc. (VLGEA) Core Values of

Village Super Market, Inc. operates a chain of supermarkets offering a wide variety of food and non-food products and services. Understanding its core values provides insight into how it conducts its business and serves its customers and stakeholders. More information about Village Super Market, Inc. can be found at: Village Super Market, Inc. (VLGEA): History, Ownership, Mission, How It Works & Makes Money.

While specific, detailed core values are not explicitly available in the provided search results, we can infer potential core values based on the company's operations, industry standards, and general business ethics. These inferred values are essential for understanding the principles that likely guide Village Super Market, Inc.'s actions and decisions.

Based on the available information and common business practices within the supermarket industry, here are some potential core values for Village Super Market, Inc.:

• Customer Satisfaction: A commitment to providing high-quality products, exceptional service, and a pleasant shopping experience to meet and exceed customer expectations.
• Community Engagement: A dedication to supporting local communities through various initiatives, partnerships, and contributions.
• Integrity: Maintaining honesty, transparency, and ethical conduct in all business dealings with customers, employees, suppliers, and stakeholders.
• Quality and Freshness: Ensuring the availability of fresh, high-quality products, including produce, meat, and other perishable goods.
• Employee Development: Investing in the training, growth, and well-being of employees, fostering a positive and inclusive work environment.
• Sustainability: Implementing environmentally responsible practices to reduce waste, conserve resources, and minimize the company's environmental impact.
• Innovation: Continuously seeking new and improved ways to enhance the shopping experience, optimize operations, and adapt to changing customer needs and market trends.
• Teamwork: Encouraging collaboration, communication, and mutual respect among employees to achieve common goals and deliver exceptional results.

These inferred core values reflect a commitment to not only business success but also to ethical and sustainable practices that benefit customers, employees, and the broader community. While these are not explicitly stated by the company, they align with the typical values of successful and responsible supermarket chains.