Fareway

Fareway Stores, Inc.

Trade name	Fareway Meat & Grocery
Company type	Private
Industry	Retail
Founded	1938 (86 years ago) (1938) in Boone, Iowa, U.S.
Founder	Paul S. Beckwith
Headquarters	Boone, Iowa, U.S.
Number of locations	131 (2021)
Key people	P. Sue Beckwith, MD, Chairman of the Board Reynolds W. Cramer, CEO Garrett S. Piklapp, President
Products	Bakery, dairy, delicatessen, frozen foods, grocery, lottery, pharmacy, produce, meats, snack food, liquor, flowers, and Western Union
Revenue	US$1.5 billion (2021)
Owner	Beckwith family
Number of employees	12,000+
Subsidiaries	FarewayMeatMarket.com Midwest Quality Wholesale McGonigle's KC BBQ + Catering Brewer Foods
Website	fareway.com

Fareway Stores, Inc. is a Midwest grocery store chain based in Boone, Iowa. It operates 131 grocery store locations in Iowa, Illinois, Minnesota, Nebraska, South Dakota, Kansas, and Missouri.^[1]

Fareway provides service and food distribution in the Midwest.^[2]

Some Fareway stores open as early as 7:00 a.m. and stay open as late as 9:00 p.m., but all are closed on Sundays and open until 5:00 p.m. on major holidays.^[3]

On May 12, 1938, Paul S. Beckwith opened the first Fareway store in Boone, Iowa located at 624 Story Street. Beckwith chose the name "Fareway" as he emphasized treating customers and employees fairly. ^[4]

In December 2018, Fareway announced a new plan to help eligible full-time employees pay off their student loan debt. This benefit gives $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.^[5]

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