Fareway Stores Company Description
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.
View the Comprehensive Company Description for Fareway Stores
The Company Description provides a historical perspective of Fareway Stores's organization from inception to current status.
Produced by Hoover's in-house editorial team, the Company Description tracks ownership transitions, company progress via mergers and acquisitions, major growth milestones, and strategic initiatives, to provide a holistic view of Fareway Stores's evolution in the marketplace.
