Struggling Fairway Looking To Sell Bronx Warehouse
February 17, 2017 | 1 min to read
It’s déjà vu all over again for Fairway Market.
After a quick turn in Chapter 11 bankruptcy last year, the struggling grocer reached out for a restructuring expert and is now looking to sell its ginormous Bronx warehouse, The Post has learned.
Owned by Blackstone Group’s GSO Capital Partners, Fairway has been unable to jump-start the business since its July bankruptcy exit — in part due to the increasingly competitive environment from rivals like Amazon, FreshDirect, Trader Joe’s and Whole Foods.
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