Investors abandon Fairway after Q2 loss widens

Stock in Fairway Group Holdings was down by nearly 10% Friday, after the retailer reported a wider than expected quarterly loss and suspended financial guidance as a rebuilding commences under new CEO Jack Murphy.

Murphy, who was appointed to his role in September, in his first remarks to the financial community late Thursday said it was too early on to remark on specific strategies but intended to craft “very detailed m

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