• Pinterest - Grey Circle
  • Twitter - Grey Circle
  • White Facebook Icon
  • White Instagram Icon

© 2020 by The Curious Uptowner

Fairway disputes report it is filing for Chapter 7 bankruptcy and closing all of its stores (updated 1/23)

January 22, 2020

 

Fairway is apparently in some trouble.

 

Last night, the New York Post reported that the beloved New York grocer is planning to file for a Chapter 7 bankruptcy.

 

This would mean the supermarket chain would close all 14 of its stores, including the huge Harlem location right by the Hudson River, known for its 10,000-square-foot walk-in cold room and ample parking.

 

But this morning Fairway tweeted it "has no intention to file for chapter 7 or liquidate all of its stores. All 14 stores remain open for business, offering a complete range of high quality, specialty food products, and we look forward to seeing our customers and employees."

 

Time will tell what will happen, but if the bankruptcy does go through, one prospective buyer could be the owner of the ShopRite.

 

Updated 1/23: Fairway just announced it will file for Chapter 11 and sell five stores, including the Harlem location, to Village Supermarket, Inc (which owns ShopRite). The CEO of Village Supermarket said, "...if we are successful in our bid, we are committed to keeping Fairway, including its name, unique product selection and value, a part of this community."

 

For daily updates, follow The Curious Uptowner on Facebook, Instagram and Twitter.

Share on Facebook
Share on Twitter
Please reload

SEARCH BY TAGS
Please reload

GALLERY
FEATURED POSTS