Around the Net
Fairway May Go Public
- Supermarket News , Friday, August 24, 2012 8 AM
Fairway Market, a New York-area, high-end supermarket chain, has filed for an initial public offering. The retailer's owner, Sterling Investment Partners, originally invested $150 million in the chain in 2007, and has pumped cash to fund an expansion to 10 locations, each of which is estimated to generate at least $50 million per year in sales.
