Fairway Market
PE-Owned1 Documented ImpactSterling pushed reckless expansion of this beloved NYC grocer. Never reported a profitable quarter post-IPO. Filed bankruptcy twice.
Ownership Information
Fairway Market is owned by Sterling Investment Partners. Private equity ownership often leads to cost-cutting, price increases, and reduced quality of service as firms prioritize returns for investors over customers and employees.Learn more about PE ownership impact →
Timeline
Fairway Market founded
Acquired by Sterling Investment Partners for $150 million
Fairway Market bankrupted twice after Sterling's reckless expansion
Sterling Investment Partners pushed rapid expansion outside Fairway's core NYC base. Never reported a profitable quarter post-IPO. $250M debt load. Filed bankruptcy twice. Most stores sold off.
Before vs. After PE Acquisition
Locations
Reported 2020
Before PE
14 stores
After PE
~4 (sold to Village Super Market)
↓ 71%
Community Reviews
Share your experience →Tracked Locations
FL (1)
Tampa
9851 Main St
Tampa, FL 33601
555-925-4529
PA (1)
Philadelphia
9477 Main St
Philadelphia, PA 19019
555-542-4927
TX (1)
San Antonio
4775 Main St
San Antonio, TX 78201
555-898-1004
WA (1)
Seattle
5318 Main St
Seattle, WA 98101
555-584-4926