On the record · Other
Fairway Market
Sterling pushed reckless expansion of this beloved NYC grocer. Never reported a profitable quarter post-IPO. Filed bankruptcy twice.
Research depth
Outcomes researched
Reviewed operating findings or a classified operating outcome are available.
Record updated Sept. 4, 2026
Current ownership
Current owner not established
This record does not identify a current owner. That absence is a gap in the record, not a conclusion about ownership.
1 ownership record has an unresolved current/former status.
Ownership and transaction history
Chronology from recorded ownership periods, transactions and reviewed outcome events. Event order does not imply causation.
Date not recorded
What happened under and after ownership
Operating outcome
Operating through distress or restructuring
Filed Chapter 11 in 2020 and said stores would remain open during the process.
Village Super Market bought five stores and the distribution center for $70 million in 2020 and still operates Fairway-named locations today, per its own current store listing.
- Founded
- 1933
- Peak headcount
- 4,300
- Cause
- Debt left at exit
- Gothamist · stores remaining open during the Chapter 11 process
- Grocery Dive · 2020 · Village Super Market purchase of five Fairway stores and the distribution center for $70 million
- Village Super Market (company primary, live store listing) · Fairway-branded locations still appear in the current store list alongside ShopRite and Gourmet Garage
- Wikipedia · Fairway Market was founded in 1933 by Nathan Glickberg in New York City
- Grocery.com · Fairway's workforce peaked at around 4,300 employees before contracting sharply after the 2020 bankruptcy
- Crain's New York Business · a 2018 'rescue financing' package of $37 million in super-senior secured loans lifted Fairway's debt burden to $227 million, which precipitated the January 2020
What we do not know
These are gaps in the public record, not findings about the organization.
- No current public ownership assessment has been published.
Help improve this record
Firsthand experience, public sources and corrections can help close the gaps above.