It was always a gamble. When Fairway Group Holdings Corp. took the New York City-based grocery chain public in April 2013, the IPO turned out to be one of the best performing of the year. But even then retail consultants warned that part of Fairway's success had to do with being located in a market with extremely high barriers to entry. They wondered how the chain was going to fare outside New York and whether its 300-store expansion plan was realistic. A year later, it looks like ...
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