United States

Fairway Market says it’s in talks to keep some stores operating

Fairway Market denied on Wednesday that it is preparing to file for Chapter 7 bankruptcy protection, saying it’s in talks to save at least some stores. “Fairway has been engaged in a strategic process and expects to soon announce a value maximizing transaction that will provide for the ongoing operations of stores,” a company spokeswoman said in a statement. “Our lenders remain extremely supportive of our efforts,” the statement added. “All 14 stores remain open for business, offering a complete range of high quality, specialty food products, and we look forward to seeing our customers and employees.” The spokeswoman declined to elaborate, and didn’t deny that the company was planning to close stores. The Post reporte ...