New York’s Fairway Mulls IPO

New York’s Fairway Mulls IPO

“I don’t think they have a store doing less than $1 million a week.” — Matthew P. Casey, supermarket consultant

NEW YORK — Fairway Market here, the high-volume chain that has been expanding throughout the New York City area in recent years, has filed “confidentially” for an initial public offering that could reap a significant payback for its owners, sources told SN last week.

Officials at the chain and at its private equity owner, Sterling Investment Partners, did not return calls seeking comment.

Sterling, which originally invested $150 million i

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