supermarket sweeps

Report: Fairway to Present $200 Million IPO Next Month

Cleanup on aisle awesome.

Cleanup on aisle awesome.Photo: Tejal Rao

Riding high on its triumphant, post-Sandy Red Hook reopening, an event that brought together the likes of Mayor Bloomberg and Miss America as well as several hundred locals, Fairway Market will reportedly initiate its long-in-the-works IPO early next month, Crain's reports. The chain has twelve stores in the metro New York area, and is rumored to also be eyeing 766 Sixth Avenue in Flatiron for its thirteenth location. Fairway representatives would not comment on or confirm the forthcoming IPO, but it is expected that funds raised would enable the grocery store to continue expansion in the near future. [Crain's, Earlier]

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