Fareway
| Type | Private |
|---|---|
| Industry | Retail |
| Founded | 1938 |
| Headquarters | Boone, Iowa (USA) |
| Number of locations | 100+ |
| Key people | Richard P. Beckwith – CEO Fred R. Greiner – President Craig A. Shepley – CFO |
| Employees | 5,000 employees[citation needed] |
| Website | fareway.com |
For information in regard of the former Merseyside based bus operator Fareway see MTL Trust Holdings Ltd
Fareway Stores, Inc. is a retail grocery store chain based in Boone, Iowa.
History [edit]
Opened on May 12, 1938 in Boone Iowa, the first Fareway Store was founded by Paul S. Beckwith. Fred E. Vitt was named Boone store manager as well as vice president of the Fareway organization. Paul S. Beckwith's sister, Pauline, married Wayne Cramer, who also became part of the executive organization. The Company opened a corporate headquarters store in Ames, followed by additional locations in Webster City, Fort Dodge, Estherville, Carroll and Oelwein.
When it came to choosing where the next Fareway Store would be built, Paul was fond of saying "follow the black dirt" because he believed the Company's values were in perfect sync with those living in the country's breadbasket-people who were hard-working, who understood the value of a dollar and to whom family was everything.
Paul S. Beckwith’s grandson, Rick Beckwith, is the current Fareway Chairman of the Board and CEO. Fred Greiner is the current President. Pauline(Beckwith)Cramer's grandson, Reynolds Cramer, is the current Executive Vice President.
As of 2012, the chain has 104 stores in Iowa, Illinois, Minnesota, and Nebraska, and in May of 2013, Fareway opened a store in Sioux Falls, South Dakota.[1]
They are well-known for their exceptional full-service meat departments and grocery carry-out service. [2]
References [edit]
- ^ Argus Leader, "City's newest grocery opens" (May 2nd, 2013 - retrieved on May 7th, 2013).
- ^ "Fareway Stores, Inc.". Hoovers. Retrieved 2007-09-24.
| This corporation or company article is a stub. You can help Wikipedia by expanding it. |