Fairway Market reportedly for sale
Another iconic New York City retailer is feeling the heat.
Three years after Fairway Market emerged from Chapter 11 bankruptcy protection with new owners, the upscale grocer has been put up for sale, reported Bloomberg. The company’s sponsors, which include Brigade Capital Management LP and Goldman Sachs Group Inc., have privately started seeking bidders and have received interest from potential strategic and financial buyers, according to the report.
Fairway operates 15 supermarkets and four wine stores in the New York metro area.
Three years after Fairway Market emerged from Chapter 11 bankruptcy protection with new owners, the upscale grocer has been put up for sale, reported Bloomberg. The company’s sponsors, which include Brigade Capital Management LP and Goldman Sachs Group Inc., have privately started seeking bidders and have received interest from potential strategic and financial buyers, according to the report.
Fairway operates 15 supermarkets and four wine stores in the New York metro area.