) | |
| Type | Private |
|---|---|
| Industry | Retail |
| Founded | 1938 |
| Headquarters | Boone, Iowa, U.S. |
Number of locations | 122 (2018) |
Key people | P. Sue Beckwith, MD, Chairman of the Board Reynolds W. Cramer, President & CEO Craig A. Shepley, CFO |
Number of employees | 11,000+ |
| Website | fareway |
Fareway Stores, Inc. is a growing Midwest grocery company based in Boone, Iowa and operates 122 grocery store locations in Iowa, Illinois, Minnesota, Nebraska, South Dakota, and Missouri.[1]
Fareway mainly provides service and food distribution in the Midwest. [2]
Fareway is a family-owned business, and a top 10 employer in Iowa, with over 12,000 employees in a six-state region. Some Fareway stores open as early as 6:00 a.m. and some stay open as late as 11:00 p.m., but all are closed on Sundays and major holidays.
In December 2018, Fareway announced a new plan to help eligible full-time employees pay off their student loan debt. This benefit will give $100 a month with an upper limit of $5,000 total. This adds Fareway Stores Inc. to the roughly four percent of companies across the nation that offer employee benefits concerning student loan debt. [3]