PARAMUS, N.J. -- Two months after filing for bankruptcy protection, Fairway Supermarkets emerged with plans to keep most stores open, including Paramus and Woodland Park, reports northjersey.com.
The company announced a new board of directors and private equity consortium, less debt and $50 million cash, reports northjersey.com.
The Lake Grove, N.Y., is closing but a new Brooklyn store is still on tap to open before year-end, reports northjersey.com.
Fairway has 15 locations in the tristate area, including Nanuet, N.Y., Pelham Manor, N.Y. and Stamford, Conn.
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