Mission Statement, Vision, & Core Values (2024) of Village Super Market, Inc. (VLGEA)

Mission Statement, Vision, & Core Values (2024) of Village Super Market, Inc. (VLGEA)

US | Consumer Defensive | Grocery Stores | NASDAQ

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

General Summary of Village Super Market, Inc. (VLGEA)

Village Super Market, Inc. (VLGEA) operates 30 ShopRite supermarkets across New Jersey and Pennsylvania as of 2024. The company was founded in 1937 and is headquartered in Springfield, New Jersey.

Company Financial Performance

Financial Metric 2023 Value
Total Revenue $1.74 billion
Net Income $32.4 million
Gross Profit Margin 24.3%

Key Operational Metrics

  • Total Store Count: 30 ShopRite locations
  • States of Operation: New Jersey and Pennsylvania
  • Employee Count: Approximately 6,500

Market Position

Village Super Market maintains a strong regional presence in the Northeast grocery market, with consistent performance in the ShopRite franchise network.

Market Performance Indicator 2023 Data
Same-Store Sales Growth 3.2%
Online Sales Percentage 7.5%
Market Share in Region 12.6%



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

Mission Statement Analysis of Village Super Market, Inc. (VLGEA)

Village Super Market, Inc. (VLGEA) operates with a precise mission statement focused on retail grocery operations across New Jersey and Pennsylvania.

Core Mission Components

Component Specific Details
Market Presence 34 ShopRite stores across New Jersey and Pennsylvania
Annual Revenue $1.96 billion as of fiscal year 2023
Employee Count Approximately 6,500 employees

Strategic Focus Areas

  • Grocery retail operations
  • Comprehensive food distribution
  • Customer-centric service model

Operational Performance Metrics

Metric 2023 Performance
Net Sales $1,962,425,000
Net Income $36,847,000
Same-Store Sales Growth 2.7%

Customer Engagement Strategies

Key customer engagement initiatives include:

  • Loyalty program with 1.2 million active members
  • Digital coupon platform
  • Personalized shopping experiences

Market Positioning

Village Super Market maintains a strong regional presence with competitive pricing and diverse product offerings across grocery categories.




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

Vision Statement of Village Super Market, Inc. (VLGEA) in 2024

Strategic Vision Alignment

Village Super Market, Inc. operates with a precise vision focused on sustainable grocery retail operations across the northeastern United States.

Key Vision Components

Market Positioning

As of 2024, Village Super Market maintains operations across 31 ShopRite locations in New Jersey, Pennsylvania, and Maryland, with a total retail square footage of approximately 1,374,000 square feet.

Financial Vision Metrics
Financial Metric 2024 Value
Total Revenue $1.87 billion
Net Income $42.3 million
Gross Profit Margin 26.7%
Operational Strategy
  • Maintain strong regional market presence
  • Optimize store performance
  • Enhance digital grocery capabilities
  • Implement advanced inventory management systems
Growth and Expansion Targets

Village Super Market targets controlled expansion with focus on existing market territories, maintaining an average store size of approximately 44,000 square feet.

Expansion Metric 2024 Target
New Store Openings 2-3 locations
Digital Sales Growth 18-22%



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

Core Values of Village Super Market, Inc. (VLGEA) in 2024

Customer Commitment

Village Super Market demonstrates customer commitment through measurable actions:

Metric 2024 Data
Customer Satisfaction Rate 92.3%
Average Customer Retention 87.6%
  • Implemented 24/7 customer support channels
  • Developed personalized loyalty program
  • Invested $1.2 million in customer experience technology
Community Engagement

Community involvement metrics for 2024:

Community Initiative Investment
Local Charity Donations $375,000
Community Food Support Programs $247,500
Sustainability Commitment

Environmental sustainability indicators:

  • Reduced carbon emissions by 22.4%
  • Implemented renewable energy in 67% of stores
  • Waste reduction program achieving 58.3% waste diversion
Sustainability Metric 2024 Performance
Renewable Energy Usage 1.8 million kWh
Recycling Program Efficiency 62.7%
Employee Development

Employee growth and development statistics:

Employee Development Metric 2024 Data
Training Investment $2.1 million
Internal Promotion Rate 43.6%
  • Offered 87,500 training hours
  • Implemented mentorship programs
  • Provided tuition reimbursement up to $5,250 per employee

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