What is the status of fairway markets?
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Upscale grocer Fairway Market, currently in Chapter 11 bankruptcy, has agreed to sell two New York City stores to Bogopa Service Corp., which operates Food Bazaar Supermarkets in metropolitan New York… The company, too, has agreed to offer jobs to at least 90% of union employees at the two Fairway locations.
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Fairway Market is an American grocery chain. Founded in 1933 by Nathan Glickberg, it is currently one of the store banners owned by the Wakefern Food Corporation, a company famous for its flagship supermarket cooperative network, ShopRite. The flagship store, which stands at Broadway and West 74th Street, on the Upper West Side of Manhattan, is one of five surviving stores, as of 2020, that are currently operated by Wakefern cooperative member, Village Super Markets, which took over those locati
The location in Plainview, Long Island is also going out of business. HARLEM, Manhattan (WABC) -- Going out of business signs are expected to go up Friday at a popular supermarket. Fairway Market,...
In addition to Red Hook, the new logo has been strung up next to Fairway Market signs at stores in Westbury, Douglaston and Stamford, Conn., the lawsuit claims. The new brand has also been slapped...
Fairway Market filed for bankruptcy on Thursday with a plan to save a handful of stores, including the flagship on Manhattan’s Upper West Side. But the beloved Big Apple grocer also confirmed that...
Fairway Market’s location in Harlem will close for good by next week, and stores in Brooklyn, Queens and Nassau County could shut down within a month, according to public documents and a person...
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Heavy competition and price-cutting hurt Fairway in the months following its 2016 bankruptcy, and Moody’s Investors Service said last November that another debt restructuring seemed highly likely.
Jan 27, 2020 09:37 AM 80. Fairway Markets in Manhattan, including the iconic store in Harlem, have been sold to Village Super Market, owner of several Shop Rite Super Market locations, reports say. The remaining Fairway Markets in the tri-state area will be sold off under Court supervision. I shop and like Fairway.
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Specialty food manufacturers that sell product in Fairway Market are on edge as they await news of the New York retailer’s fate. Recent reports have speculated that the 14-unit chain may be about to file bankruptcy for the second time in the last four years, leading to concern in the industry that the iconic brand could disappear.
2 Read / Add Comments. Fairway Market has announced it is filing for Chapter 11 bankruptcy and will sell up to five of its stores to ShopRite before selling its remaining 13 locations. Fairway has markets in New York City, Long Island, Westchester and Fairfield counties.
Meanwhile, the fate of Fairway’s stores outside Manhattan remains unknown. Publicly, the company has tried to downplay the fact that Fairway as the world knows it is essentially going out of...
Fairway Files Chapter 11 Again As Village Gains ‘Stalking Horse’ Status For 5 Stores For the second time in four years, Fairway Group Holdings (Fairway Market) has filed for Chapter 11 bankruptcy protection in the Southern District of New York Bankruptcy Court.
The Fairway Market on the Upper West Side on March 26, 2020 Jen Chung / Gothamist Fairway announced the results of its bankruptcy auction on Wednesday, revealing that four Manhattan stores, a Bronx...