Fareway Stores, Inc. is a family-owned and operated grocery store chain that has been in business for over 80 years. The company was founded by Don Dokken and his wife Esther in 1938 in Boone, Iowa. Currently, the company is owned by their two sons, Charles and Gary Dokken who serve as Co-Chairman of the Board of Directors.
Fareway Stores operates more than 120 retail stores across eight Midwestern states including Iowa, Illinois, Minnesota, Nebraska, South Dakota and Wisconsin. They offer weekly specials on groceries and discount prices on fresh meats at all locations with an additional focus on service deli items such as sandwiches and salads made to order.
Fareway Stores is a privately owned grocery store chain that was founded in 1938 by Paul and Elizabeth Saugus, who still own and operate the company today. The company has grown from its original location in Boone, Iowa to over 115 stores across six Midwest states including Nebraska, Iowa, South Dakota, Minnesota, Illinois and Missouri. Fareway Stores are known for their focus on fresh meat, produce and bakery items as well as their commitment to providing low prices to customers.
Why Work at Fareway?
Why is Fareway Closed on Sunday
Fareway is closed on Sundays to honor the Sabbath and observe a day of rest. This policy has been in place since Fareway opened their first store in 1938, making it an integral part of their company culture and core values. By closing each Sunday, they hope to support employees’ personal well-being while also giving customers one less day of errands and shopping stressors.
Who is the Ceo of Fareway Grocery Stores?
The CEO of Fareway Grocery Stores is Reynolds Cramer. He has been serving in this role since 2003, and under his leadership the company has grown to more than 120 stores across eight states.
Cramer’s qualifications include a degree from Iowa State University as well as over 20 years of experience in the grocery industry.
He also serves on several boards at both local and national levels, including the National Grocers Association Board of Directors.
Key Points:
• Reynolds Cramer is the CEO of Fareway Grocery Stores
• He has held this position since 2003
• Company grew to more than 120 stores during his tenure
• Has a degree from Iowa State University and over 20 years of experience in grocery industry
Is Fareway Employee Owned?
Fareway Stores is an employee owned company. It was founded in 1938 by two brothers, Paul and Norman Skogen. The Skogen family has managed the business since its inception and all employees are eligible to become owners after a certain period of employment.
Employees can buy stock through payroll deductions or with cash contributions. Benefits of being a part-owner include:
• Profit sharing
• Increased job security
• Access to exclusive discounts on products sold at Fareway stores
Who Founded Fareway Stores?
Fareway Stores was founded by Paul and Farely Christensen in 1938. The store started as a small butcher shop and grocery store in Boone, Iowa:
• Paul Christensen opened the first store on May 2nd, 1938.
• The second location opened one year later in Ames, Iowa.
• Over the years, Fareway has grown to include over 130 stores located across nine states.
• Today it remains family-owned and operated with stores ranging from 1,500 to 30,000 square feet each.
Where is Fareway Headquartered?
Fareway is headquartered in Boone, Iowa. The company has over 120 stores located throughout the Midwest and employs more than 9,000 people. Fareway’s mission is to provide a superior customer experience through great service and quality food products at affordable prices.
Advantages of Fareway’s Headquarters Location:
• Access to local agricultural producers for fresh produce and meats
• Proximity to major transportation hubs such as airports, freight lines, highways, etc.
• Central location that allows easy access to other markets in the region
Conclusion
This blog post has been an interesting look into the history of Fareway Stores and its current ownership. It is clear that the company was founded by two men, Paul Breckenridge and Boone Pickens, who had a vision to create a successful grocery store chain in small towns across the Midwest. Today, it is still owned by members of their families with five generations involved in running this organization.
With their consistent focus on providing quality products at competitive prices and customer service excellence, Fareway Stores continues to be a leader in the Midwest grocery market.