Business & Tech
Douglaston Fairway Expected To Close In July
Fairway Market, which filed for Chapter 11 bankruptcy protection in January, now expects to close its Douglaston store by mid-July.

DOUGLASTON, QUEENS — Fairway Market, which filed for Chapter 11 bankruptcy protection in January, now expects to close its Douglaston store by mid-July.
Fairway Group Holdings Corp. announced it will lay off 150 workers at its Douglaston Plaza location between July 3 and July 17, according to an amended WARN notice posted on the state Department of Labor's website.
Fairway previously said it would keep the Douglaston store open until at least August, after a surge in cases of the new coronavirus brought a bump in business, but then announced plans to close the location in June.
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In the layoff notice, Fairway attributed the new July closing date to "delays relating to the Company's efforts to wind down its operations."
The Douglaston store and several other locations didn't receive any bids during the grocer's bankruptcy auction that ended in March.
Find out what's happening in Bayside-Douglastonfor free with the latest updates from Patch.
Fairway has filed for Chapter 11 bankruptcy twice in four years. The company dug itself out of Chapter 11 proceedings in 2016 by borrowing money and shifting ownership from Sterling Investment Partners to a consortium led by Blackstone's GSO Capital Partners.
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