SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15 (d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported):
November 29, 2000
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FOODARAMA SUPERMARKETS, INC.
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(Exact name of registrant as specified in charter)
New Jersey 1-5745-1 21-0717108
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(State or other jurisdiction (Commission (IRS Employer
of incorporation) file number) Identification No.)
Building 6, Suite 1, 922 Highway 33, Freehold, New Jersey 07728 (Address of
principal executive offices) (Zip code)
Registrant's telephone number, including area code:(732) 462-4700
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Item 5. Other Events
On November 29, 2000 Foodarama Supermarkets, Inc. issued a press release
which set forth the following information:
Foodarama Supermarkets, Inc. (ASE-FSM) stated that Big V Supermarkets,
Inc., a member of the Wakefern Food Corp., has filed for reorganization under
Chapter 11 of the U.S. Bankruptcy Code and has publicly indicated its intent to
depart from Wakefern Food Corp., the entity that provides Big V with
distribution, marketing and back office support. The bankruptcy filing was made
by Big V only and does not involve Wakefern or Foodarama.
In a separate press release, Wakefern stated that Big V is a party to a
supply agreement with Wakefern that requires Big V to give notice of its
decision to leave the cooperative and to pay a substantial fee to Wakefern to
make up for the loss of volume to the cooperative. Wakefern also stated that it
assumes that Big V will honor its contractual commitments to Wakefern, and that
Wakefern will take all appropriate actions to enforce its rights if Big V does
not comply with its obligations.
Foodarama is a member of the Wakefern cooperative. It is not possible to
predict at this time what effect the reported actions of Big V will have upon
Foodarama.
Accompanying this current report on Form 8-K is the press release dated November
29, 2000.
Item 7. Financial Statement and Exhibits
(c) Exhibits.
Exhibit 20 Press Release
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Exhibit 20
CONTACT: Michael Shapiro
Senior Vice President
Chief Financial Officer
(732) 294-2270
FOR IMMEDIATE RELEASE
Freehold, N.J., November 29, 2000 - Foodarama Supermarkets, Inc.
(ASE-FSM) stated that Big V Supermarkets, Inc., a member of the Wakefern Food
Corp., has filed for reorganization under Chapter 11 of the U.S. Bankruptcy Code
and has publicly indicated its intent to depart from the Wakefern Food Corp.,
the entity that provides Big V with distribution, marketing and back office
support. The bankruptcy filing was made by Big V only and does not involve
Wakefern or Foodarama.
In a separate press release, Wakefern stated that Big V is a party to a
supply agreement with Wakefern that requires Big V to give notice of its
decision to leave the cooperative and to pay a substantial fee to Wakefern to
make up for the loss of volume to the cooperative. Wakefern also stated that it
assumes that Big V will honor its contractual commitments to Wakefern, and that
Wakefern will take all appropriate actions to enforce its rights if Big V does
not comply with its obligations.
Foodarama is a member of the Wakefern cooperative. It is not possible to
predict at this time what effect the reported actions of Big V will have upon
Foodarama.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
FOODARAMA SUPERMARKETS, INC.
(REGISTRANT)
By: /S/ Michael Shapiro
Michael Shapiro
Senior Vice President
Chief Financial Officer
Date: December 4, 2000
