New York grocery staple files for bankruptcy [CNNMoney.com]
Village Super Market, Inc. - Class A (VLGEA)
US:NASDAQ Investor Relations:
villagesupermarkets.com/morris/investor-relations.html
Company Research
Source: CNNMoney.com
Fairway files for bankruptcy with a plan to keep some stores open New York (CNN Business) Fairway Market, the New York grocery staple known for its gourmet food and packed stores, said Thursday that it filed for bankruptcy with a plan to sell five stores. Fairway, which has 14 stores, entered into what's known as a stalking horse agreement with Village Super Market, the owner of ShopRite, to sell up to five New York stores and a distribution center for $70 million. Other companies are allowed to make bids on Fairway's assets during the court-run process. The company will continue to negotiate to sell its remaining stores, it said. Fairway CEO Abel Porter said in a statement that a sale is the best way to preserve jobs and position Fairway for "long term success under new ownership." America's new favorite restaurants are Wawa, Sheetz and 7-Eleven This is Fairway's second bankruptcy in four years. In 2013, Fairway went public, but its stock quickl
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VLGEA
News
- Village Super Market CEO Robert Sumas to step down [Yahoo! Finance]Yahoo! Finance
- Village Super Market Announces Forthcoming Change in Chief Executive Officer and Chairman of the Board of Directors [Yahoo! Finance]Yahoo! Finance
- Village Super Market Announces Forthcoming Change in Chief Executive Officer and Chairman of the Board of DirectorsGlobeNewswire
- Village Super Market (NASDAQ:VLGE.A) Will Pay A Dividend Of $0.25 [Yahoo! Finance]Yahoo! Finance
- Village Super Market, Inc. Declares Quarterly DividendGlobeNewswire
VLGEA
Sec Filings
- 9/19/24 - Form 8-K
- 9/13/24 - Form 8-K
- 7/30/24 - Form 4
- VLGEA's page on the SEC website