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Fairway Market grocery chain to go public
New York -- New York City-based supermarket chain Fairway Market is going public. The company said in a regulatory filing Thursday that it expects its stock to price in the range of $10 to $12 per share as it looked to raise as much as $164 million.
Fairway operates 12 locations in the greater New York City metro area and in on track to open a store this summer in Manhattan's Chelsea neighborhood and one in Nanuet, N.Y, in the fall.
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Kroger Real Estate co-developing $74 million project in South Carolina
Hilton Head Island, S.C. -- Joint-venture partners Kroger Real Estate and Blanchard & Calhoun Commercial announced Wednesday the launch of construction on the Shelter Cove Towne Centre, a 42-acre mixed-use development on Hilton Head Island, featuring the debut of Kroger Marketplace on the Island.