NEW YORK — Fairway Market here, which has been expanding through the New York City area in recent years, has “confidentially” filed for an initial public offering, according to a Reuters report.
A spokesman for the chain declined to comment on the report. Reuters had reported earlier this year that the chain was considering a stock offering.
Fairway has been partly owned by Westport, Conn.-based Sterling Investment Partners since 2007. Since then, Fairway has added seven new stores and now operates 11 locations, known for their broad selection of specialty items, quality perishables and sharp pricing.
Read more: Fairway Sets Another N.J. Opening
Reuters said the chain filed under the name Fairway Group Holding Corp. The chain is still partly owned by the founding Glickberg family.
Officials at Sterling Investment Partners could not be reached for comment.
| Suggested Categories | More from Supermarketnews |
 |
|
|
|
|
|
|
