that it’s not going anywhere. “Fairway Market has no intention to file for chapter 7 or liquidate all of its stores,” it wrote. But the chain has had financial woes for a while, and fans are also pointing to the source of the chain’s problems: private equity that tried to turn a perfectly successful local chain into a suburban behemoth, and saddled the company with unsurmountable debt in the process.
In quiet awe of the private equity guys who managed to turn a handful of beloved and heavily trafficked supermarkets in the richest parts of the richest city on earth and somehow make them bankrupt and 175 million dollars in debt
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