“We’ve had a long history of excellent labor relations with Fairway,” said Assistant to the President Rob Newell, “In the past, Fairway has always respected its workers during the negotiation process, and together we’ve raised the bar to create a contract seen by many as an industry standard,” Newell concluded.
Murphy took office in September of 2014 and has pledged new marketing campaigns, more 'robust growth' and vowed to ‘put the swagger back’ in Fairway's 15 stores.
The 80-year-old company was founded by the Glickberg family, which was the largest shareholder until 2007, when Sterling Investment Partners took a controlling stake. The private-equity firm made a $150 million investment. Howard Glickberg, a grandson of the founder, is vice chairman of development.
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Murphy has big plans for Fairway, he believes over the next three to five years Fairway can open 15 to 20 stores in the New York tri-state area, including more suburban locations. With roots in Boston, he told Supermarket News, "before we even think about other parts of the country, the greater Boston area could offer growth opportunities at some point."
The agreement between UFCW Local 1500 and Fairway Market covering over 2,400 men and women expires on March 29, 2015. Stay updated on negotiations, actions and events by signing up here.
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