Considering the growing competition that Fairway faces, a Chapter 11 filing is inevitable.
Fairway opened a store in Kips Bay -- 2nd Avenue and 30th St -- two years ago. Good store. But a couple of days ago, Trader Joe's announced its plans to open a new store on 3rd Avenue and 31st St. The new Trader Joe's will take a big bite out of the nearby Fairway.
The management of this sleazy operation can't stop itself from pumping out more lies. Beware of these Quantum scam artists, headed by chief executive scammer Andrew Kacic.
Given Amazon's use of the Post Office to deliver everything under the sun, is it time to consider the sale of PBI to the online store? PBI just announced the sale of its headquarters. Is that a signal that it no longer needs a head office? A signal that operations will become the property of another company?
The $15-an-hour wage will apply only to fast-food franchises with more than 30 facilities nationwide. Thus, all the small players serving food will be untouched by this crazy wage scheme.
The only probable value to be found in this company is in its real estate. Aside from that, it's got nothing.