Hy-Vee, Inc. · West Des Moines, IA United States
Company Description
View Hy-Vee, Inc. Locations On A US Map
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This link will open in a new window Give Hy-Vee a high five for being one of the largest privately owned US supermarket chains, despite serving some modestly sized towns in the Midwest. The company runs about 225 Hy-Vee supermarkets in eight Midwestern states: Illinois, Iowa, Kansas, Minnesota, Missouri, Nebraska, South Dakota, and Wisconsin. About half of its stores are in Iowa, as are most of its 25-plus Hy-Vee (formerly Drug Town) drugstores. It distributes products to its stores through several subsidiaries, including Lomar Distributing (specialty foods) and Perishable Distributors of Iowa (fresh foods). Charles Hyde and David Vredenburg founded the employee-owned firm in 1930. It takes its name from a combination of its founders' names. To read the full description, subscribe now.
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Key Hy-Vee, Inc. Financials
| Company Type | Private Headquarters |
| Fiscal Year-End | September |
| 2008 Sales (mil.) | $6,200.0 |
| 2008 Employees | 55,000 |
Hy-Vee, Inc. Executives
22 executives listed for Hy-Vee, Inc.'s West Des Moines, IA location.
| Title | Name & Bio | Contact |
| Chairman Emeritus | Ronald Pearson | Network |
| Chairman, President, CEO, and COO | Richard Jurgens | Network |
| SVP, CFO, and Treasurer | John Briggs | Network |
Competition
Competitive Landscape for Hy-Vee, Inc.
Demand is driven largely by demographic shifts, particularly trends in population and age, working women, race and ethnicity, household size, and levels of disposable income. The profitability of individual companies depends on a good product mix and efficient operations. Large distributors are advantaged by bulk purchasing and economies of scale in distribution. Smaller companies can compete effectively by specializing in organic, natural, or kosher products or focusing on a geographical area. Average annual revenue per worker for a typical company is $675,000. To read the full description, subscribe now.Top Hy-Vee, Inc. Competitors
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