{"id":2695,"date":"2013-03-11T16:44:44","date_gmt":"2013-03-11T20:44:44","guid":{"rendered":"http:\/\/newsroom.chainstoreguide.com\/?p=2695"},"modified":"2013-03-11T16:44:44","modified_gmt":"2013-03-11T20:44:44","slug":"fareway-stores-celebrates-75-years-in-business-by-the-numbers","status":"publish","type":"post","link":"https:\/\/www.chainstoreguide.com\/offthechain\/2013\/03\/fareway-stores-celebrates-75-years-in-business-by-the-numbers\/","title":{"rendered":"Fareway Stores Celebrates 75 Years in Business \u2013 By the Numbers"},"content":{"rendered":"

Fareway Stores opened its first store 75 years ago this May. The company\u2019s first circular advertisement featured 14 cent a pound coffee and T-Bone steaks for 25 cents a pound. Now, the $1 billion grocery retailer operates over 100 locations across four states. \u00a0The retailer has been instituting \u2018green\u2019 initiatives long before it became trendy, using reclaimed heat for its stores back in 1955. Today, Fareway recycles 4.5 million plastic grocery bags a year while also consistently looking for new ways to reduce waste.<\/p>\n

Top Five <\/span><\/strong>
\nFareway Markets<\/p>\n\n\n\n\n\n\n\n\n
CBSA Market<\/strong><\/td>\n\n

Area Stores<\/strong><\/p>\n<\/td>\n

\n

Market Share<\/strong><\/p>\n<\/td>\n<\/tr>\n

DES MOINES-WEST DES MOINES, IA<\/td>\n\n

13<\/p>\n<\/td>\n

\n

8.1%<\/p>\n<\/td>\n<\/tr>\n

CEDAR RAPIDS, IA<\/td>\n\n

5<\/p>\n<\/td>\n

\n

8.0%<\/p>\n<\/td>\n<\/tr>\n

DAVENPORT-MOLINE-ROCK ISLAND, IA-IL<\/td>\n\n

4<\/p>\n<\/td>\n

\n

4.3%<\/p>\n<\/td>\n<\/tr>\n

IOWA CITY, IA<\/td>\n\n

4<\/p>\n<\/td>\n

\n

11.9%<\/p>\n<\/td>\n<\/tr>\n

SIOUX CITY, IA-NE-SD<\/td>\n\n

4<\/p>\n<\/td>\n

\n

10.9%<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

 <\/p>\n

 <\/p>\n

 <\/p>\n

 <\/p>\n

 <\/p>\n

 <\/p>\n

 <\/p>\n

Fareway operates 60 stores within 26 Core-Based Statistical
\nAreas (CSBA), while the remainder of its 100+ locations falls
\noutside of the CBSA realm in rural areas throughout Idaho,
\nMinnesota, Illinois, and Nebraska.<\/p>\n

Total Corporate Revenue Growth<\/span><\/strong>
\nSales in Millions<\/p>\n

\"\"<\/p>\n

No. 4 in Des Moines, IA CBSA<\/span> <\/strong><\/p>\n

\"\"<\/p>\n

 <\/p>\n

\n

Fareway faces stiff competition in its biggest market of West Des Moines, IA
\nwhere it operates 13 stores.\u00a0 The area is regional player Hy-Vee\u2019s hometown,
\nwhich has 17 stores and 29.7% grocery market share. Walmart also has a strong presence in the market with 7 super-centers in the area. \u00a0In 2012, Fareway opened a new location in this market.<\/p>\n<\/div>\n

Sources: Chain Store Guide<\/strong> Supermarket, Grocery and Convenience Store Chains Database<\/a>; Chain Store Guide<\/strong> Grocery Industry Market Share Report<\/a>.<\/p>\n

 <\/p>\n","protected":false},"excerpt":{"rendered":"

Fareway Stores opened its first store 75 years ago this May.<\/p>\n","protected":false},"author":5,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"post-template-no-sidebar.php","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[16],"tags":[5],"class_list":["post-2695","post","type-post","status-publish","format-standard","hentry","category-grocery-convenience","tag-insight","entry"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/posts\/2695","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/comments?post=2695"}],"version-history":[{"count":0,"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/posts\/2695\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/media?parent=2695"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/categories?post=2695"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.chainstoreguide.com\/offthechain\/wp-json\/wp\/v2\/tags?post=2695"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}