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Fairway Group Holdings Corp. Announces New Store Opening In Nanuet, New York October 10

Stocks in this article: FWM

NEW YORK, Oct. 3, 2013 /PRNewswire/ -- Fairway Group Holdings Corp. ("Fairway") (NASDAQ: FWM), the parent company of Fairway Market, is opening a 65,000 square foot store at 75 West Route 59 in Nanuet, New York, on Thursday, October 10, 2013. This location, the 14 th food store for the company and the first in Rockland County, will be an anchor of The Shops at Nanuet, a new 50-shop open-air center opening the same day.

"We're excited to make our newest home at this premier shopping destination in Nanuet and are also very pleased to be creating more than 300 new jobs in the area," said Charles Santoro, Fairway Market's Executive Chairman.

He added that Fairway is also pleased to be furthering its expansion plan, noting that "our growth prospects remain very strong and our geographic provides us with a significant runway for continued expansion in our own backyard."

Similar to all Fairway Markets, the new store in Nanuet will offer an exceptional combination of traditional, organic and specialty foods chosen from its comprehensive selection of approximately 70,000 SKUs across its store network, including daily-delivered produce, a best of the best kosher selection, the freshest seafood, custom-cut USDA prime meat, on-the-premises bakery, cheeses from around the world, a classic New York deli counter, and much more.

"We look forward to providing customers a fabulous food shopping experience with fresh, natural, organic and conventional foods at great values," said Herb Ruetsch, Chief Executive Officer of Fairway Market.  "We are also eager to make an impact in Rockland County beyond just being a great food market. We are always committed to helping organizations that make a difference in our local communities."

"We are delighted to have Fairway Market join our impressive tenant line-up," said David J. Contis, president of Simon Malls, a division of Simon Property Group, the owner, developer and manager of The Shops at Nanuet. "The addition of Fairway Market is a key component to providing our customers multiple reasons to visit The Shops at Nanuet, including  being able to shop for groceries, go to a movie or the health club, shop in our fine stores, or dine in one of our many restaurants."

Howie Glickberg, vice chairman of development, added that "from the time Fairway was established 80 years ago, we have worked each and every day to live the words of our slogan – 'Like No Other Market' – in both our stores and in the neighborhoods in which we are located."

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