Deals

Fairway Market Is for Sale Again in Sector Beset by Price Wars

Potential strategic, financial bidders said to show interest
Chapter 11 erased debt, but not Whole Foods and Trader Joe’s

A worker unloads new items to be stocked in front of a Fairway market in New York.
Photographer: Victor J. Blue/Bloomberg

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By Lauren Coleman-Lochner, Eliza Ronalds-Hannon, and Sridhar Natarajan

September 18, 2019 at 3:44 PM UTC

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Fairway Market is for sale again, three years after the quintessential New York City grocery emerged from bankruptcy with new owners.

The company’s sponsors, which include Brigade Capital Management LP and Goldman Sachs Group Inc., have begun the formal process of seeking bidders and have received interest from potential strategic and financial buyers, said the people, who asked not to be identified because the process isn’t public.