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VLGEA - Village Super Market Inc.: Growing Through Fairway's Misfortune
Village Super Market Inc. Class A Common Stock
One of my recent portfolio additions was Village Super Market, Inc. (VLGEA). As I previously wrote about, VLGEA currently operates 30 ShopRite supermarkets in northern, central and southern New Jersey, Maryland, New York and Pennsylvania. Given that I have a grocery store retailer in my portfolio, I've been following the grocery market industry. Last week there was notable news in the industry: Fairway Market filed for Chapter 11 bankruptcy. This news was even more significant to me as a VLGEA shareholder given that it appears VLGEA may acquire several stores and a