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Fairway Agrees to a Court-Supervised Sale Process

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the staff of the Ridgewood blog

Paramus NJ, its been two days of claims and counter claims ,but Fairway has agreed to a court-supervised sale process.

“We would like to extend gratitude to our employees, vendors, distributors and customers for their support, dedication, and loyalty over the years. It has always been Fairway’s priority to ensure our patrons are provided with the most optimal grocery experience, with the freshest foods and best quality products, and our employees feel appreciated. After careful consideration of all alternatives, we have concluded that a Court-supervised sale process is the best way to meet our objectives of preserving as many jobs as possible, maximizing value for our stakeholders, and positioning Fairway for long term success under new ownership.”
– Abel Porter, Chief Executive Officer at Fairway Market

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