Shelly Banjo, Columnist

Fairway's Warning to Retailers

The market's organic food oversaturation claims a victim.

May 3, 2016 at 5:40 PM UTC

Shelly Banjo leads the global business team for Bloomberg News in New York. A former New York bureau chief and senior tech writer, she’s covered business, finance and economics for two decades.

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Fairway couldn't take the heat.

The specialty grocer officially filed for bankruptcy protection Monday. It marks the end of an era for niche grocers that thrived as Americans shifted to healthier fare, becoming self-proclaimed foodies in search of the next kale, acai or quinoa to liven up their kitchens.