New York-Based Fairway Market Prepares for Bankruptcy Filing

  • 📰 WSJ
  • ⏱ Reading Time:
  • 13 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 63%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

Longtime New York supermarket chain Fairway prepares to file for bankruptcy within days, with a plan to sell off the business to a number of buyers

Fairway Market, the longtime New York City supermarket, is preparing to file for bankruptcy within days, with a plan to sell off the business to a number of buyers who have been circling the chain, according to people familiar with the matter.

The grocery store, which was put up for sale last year, said Wednesday it has no plans to close its 14 locations. It issued a statement after the New York Post reported that the company could file for chapter 7 bankruptcy as soon as Wednesday.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 98. in ZA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

TrumpEconomy

They say it’s not true...until they file—Stop.

What if they sold to Fareway_Stores?

If Trump’s economy is booming while Fairway is declaring bankruptcy, how were those statistics derived?

Didn’t they file BK two years ago

Didn’t they tell the post that it was a lie? 😑

Cos Trump's America is booming?

South Africa South Africa Latest News, South Africa South Africa Headlines