The Collapse of Fairway: Why the Business of Groceries Is So Tough

Can a supermarket survive in this town? As consumers increasingly use their thumbs to buy everything from produce to prepared food, the already-thin margins for grocers in New York City have shrunk even further. As some beloved stores close - or are sold to speculative investors - new players are carving out slices of the local grocery market. NY1 reporter Michael Scotto and business anchor Annika Pergament sit down with Pat Kiernan to break down the changes impacting the business of buying food.

ABOUT THE SHOW

New York City's favorite morning anchor pulls back the curtain on the biggest stories around the five boroughs – the impactful, fascinating, and extraordinary headlines reported each week by Spectrum News NY1. Through intimate conversations with the newsroom's expert journalists, Pat Kiernan illuminates what matters to resident New Yorkers and New Yorkers at heart. Join the conversation using #NY1Crosstown.