Fareway Stores, Inc.

2300 E. 8th St.
Boone, IA 50036 (Map)
Phone: 515-432-2623
Fax: 515-433-4416
http://www.fareway.com/index.cfm

Overview

Fareway Stores makes the green through groceries. The regional grocery chain operates under the Fareway banner, primarily in Iowa but also in Illinois, Nebraska, and now Minnesota. Its 95 locations average about 25,000 sq. ft. Eschewing such amenities as video rentals and dry-cleaning services, Fareway Stores sticks to the basics -- lots of meat (all cut to order) and groceries only -- counts on low prices and customer service to compete with supercenter operators, such as Wal-Mart. Former Safeway workers Paul Beckwith and Fred Vitt founded Fareway in 1938; the Beckwith family controls the company. Because of the founders' biblical beliefs, the stores are closed on Sundays.

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Key financials for Fareway Stores, Inc.

Company Type Private
Fiscal Year-End March
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Key People from Hoover's UK

Key people and executives for Fareway Stores, Inc.

Chairman and CEO F. William Beckwith
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President and COO Fred R. Greiner
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CFO Craig A. Shepley
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Top competitors of Fareway Stores, Inc.

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