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Fairway Market To Close All Stores And Declare Bankruptcy: Report

Fairway Market To Close All Stores And Declare Bankruptcy: Report

Fairwway Markets to closeFairway could filed for Chapter 7 bankruptcy as early as Wednesday and soon shutter its 14 stores, the New York Post reported Tuesday night.

Fairway’s media center did not immediately respond to Patch’s request for comment.

This would not be Fairway’s first brush with bankruptcy. The company dug itself out of Chapter 11 proceedings in 2016 by borrowing money and shifting ownership from  Sterling Investment Partners to a consortium led by Blackstone’s GSO  Capital Partners.

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Source: Fairway Market To Close All Stores And Declare Bankruptcy: Report

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