Fairway facing possible bankruptcy

Fairway facing possible bankruptcy

Fairway, American grocery chain founded in the 1930s, is facing danger of possible bankruptcy. The grocer which has around 15 stores in New York, Connecticut and New Jersey had plans to open more stores in the metropolitan area in the coming years. But the following the huge loss the company had in the last quarter […]

Fairway in deep trouble as shares selling for 70 cents

Fairway in deep trouble as shares selling for 70 cents

  New York City specialty supermarket chain Fairway Group Holdings Corp now sees its shares selling at 70 cents per share, costing less than a pack of natural gum. Two years after going public, the organization is down 94 percent from its April 2013 first sale of stock value and is in peril of being […]