The chain was formed by wholesaler The Food Group Inc. (FGI) when they bought most Dominion locations in the province after they left the Atlantic Canada market.

[1][2][3] Most Village stores were in shopping malls, and they were never more than the third-largest grocery company in the province, after Sobeys and Atlantic Wholesalers.

Village was the only unionized supermarket chain in New Brunswick, and concessions to the union after a threatened strike in 1994 brought FGI to bankruptcy.

[4] Atlantic Wholesalers bought seven of FGI's stores in 1994, causing 410 employees to be laid off.

[5] converted most stores to the Atlantic SuperValu format by the end of 1995, and closed the others.