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Mainstream organic food hurts specialty grocers; Fairway hardest hit
2015-12-18 07:32:17| Grocery - Topix.net
Dec 18 Two years after going public as a fund managers' favorite, New York City-area specialty grocer Fairway Group Holdings Corp now sees its shares selling for less than a pack of organic gum. At around 70 cents per share, the company is down 94 percent from its April 2013 initial public offering price and is in danger of being delisted from the Nasdaq for trading below $1 for 30 consecutive days.
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Category:Food and Related Products