[1][2] It is one of the brands owned by the Wakefern Food Corporation, whose flagship supermarket cooperative network is ShopRite.
Sterling Investment Partners, a private equity firm in Westport, Connecticut, bought a controlling stake in Fairway Market in January 2007 and expanded the chain in the Greater New York area.
Sterling made a $150 million capital investment in Fairway leading to enterprise growth.
[6] It was spun off in an IPO on April 17, 2013, trading under its parent, Fairway Group Holdings Corp., on the NASDAQ under the ticker symbol "FWM".
[9] In 2012, Fairway Market opened three more locations: in Woodland Park, New Jersey, on June 6; Westbury, New York, on August 22; and Kips Bay in Manhattan in late December.