Fairway could go Chapter 11 next month: Report

Fairway could go Chapter 11 next month: Report

Fairway Group Holdings, parent of the struggling Fairway Markets chain, has reached a tentative deal with creditors to restructure under Chapter 11 bankruptcy protection, Bloomberg reported on Friday.

Fairway, struggling amid high debt service and declining performance, did not see strong interest when it put itself up for sale this year, the report added.

SN was unable to immediately verify the stor

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