Specialty Food Magazine

Summer 2017

Specialty Food Magazine is the leading publication for retailers, manufacturers and foodservice professionals in the specialty food trade. It provides news, trends and business-building insights that help readers keep their businesses competitive.

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Page 113 of 215

T he past year has been one of tumultu- ous change in New York City food retail. Relative newcomers like Trader Joe's and Whole Foods Market have opened new locations, applying unwelcome pressure on local supermarket stalwarts. D'Agostino accepted a financial assist from the parent company of longtime rival Gristedes, which may evolve into a joint venture, while Fairway's struggle to remain viable after a rapid expansion led the company to bankruptcy court to restructure its debt. BY AMY BLANKSTEIN A New Crop of NYC Food Destinations Amid challenges for established supermarkets, New York's retail scene is booming with new out- posts of specialty chains, more food halls, and niche openings. store tour SUMMER 2017 111 ILLUSTRATION: SHAW NIELSEN

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