date:May 28, 2015
bn by 2017 (excluding new market entries)
US: Fairway sales slide in Q4; smaller prototype announced
Fairway Group Holdings on Tuesday reported sales and earnings that missed expectations during the fiscal fourth quarter, citing decreased store traffic due in part to new competition and the effect of harsh winter weather on sales, supermarketnews.com reports. Sales of $199.1m for the period were down by 0.6% while comps dipped 3.6% as a result of a 6.7% decline in transactions, offset by a 3.