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Fred Meyer




  Company Logo
  Company Type Division Of Kroger
  Company Slogan "Whats On Your List Today You'll Find it at Fred Meyer"
  Foundation 1922 Portland, Oregon
  Location Portland, Oregon
  Key People
  Num Employees
  Industry Retail
  Products Grocery
  Revenue


Fred Meyer, Inc is a company founded in 1922 in downtown Portland, Oregon by Fred G. Meyer . The company is a pioneer of the retail supercenter or Hypermarket format of store, and has locations throughout the Pacific Northwest . Although the company is now a division of The Kroger Company, Fred Meyer and the western region of Kroger are still headquartered in Portland.


HISTORY

In 1928, Mr. Meyer opened the first self-service drug store. In 1931, he opened his first suburban one-stop shopping center in the Hollywood District of Portland. Innovations included a grocery store alongside a drug store plus general merchandise, off street parking, gasoline station, and—eventually—apparel. In 1973, after several decades of growth in the Portland area, Fred Meyer purchased the Pacific Northwest ''Value Mart'' chain of stores and converted them to Fred Meyer stores. In 1975, Fred Meyer opened their first stores in Alaska .

On September 2 1978 , Mr. Meyer passed away at the age of 92. Mr. Meyer played a huge role in the day to day operation of his company until his death.

In 1982, the company was purchased by Kohlberg Kravis Roberts in what was one of KKR's first major leveraged buyouts. In 1985 Fred Meyer acquired Grand Central of Salt Lake City, Utah . The Grand Central stores in Utah and Idaho were converted to Fred Meyer stores, although most did not receive full supermarket departments until the mid 1990s. In 1997, Fred Meyer Inc. acquired Smith's Food And Drug of Salt Lake City, though both companies maintained separate operations. In 1998, Fred Meyer acquired Ralphs Grocery Company of Los Angeles, California , and QFC of Seattle, Washington . Both acquisitions also maintained separate operations with Fred Meyer, Inc. as the holding company. In that fast string of mergers, Fred Meyer quickly became the nation's fifth largest food and drug store operator with leading market shares in most western markets. In May of 1999 Fred Meyer, Inc. merged with Kroger of Cincinnati , Ohio . In 2000, the Arizona Fred Meyer stores, all of which were formerly Smitty's stores that Fred Meyer acquired in the Smith's merger, were rebranded as Fry's Marketplace . In 2004, Smith's Food and Drug assumed the operations of the Utah Fred Meyer stores, which were rebranded as Smith's Marketplace .


STORE DESIGN

Fred Meyer stores are well known for their huge floor space. To compete, other Supermarket chains operating in Oregon (like Safeway ) often build stores that are much larger than their standard store format.

A typical store is divided into four major departments:

Smaller departments support the major ones. Home electronics departments offers a high tech selection including Computers , Televisions , etc. as well as a Photo station and a Music market for CD s, Movies , and Video Game s. Some home electronics departments also feature a full service Cellular Phone sales kiosk. Most stores also include a version of Kroger's mall jewelery chain, Fred Meyer Jewelers , and a Pharmacy .

Each department is run by a manager, an assistant manager, and often times a third or a fourth manager, depending upon the size of the department. In addition to the management staff, ''persons-in-charge'' (PIC) have responsibility in a given department. The store is managed by a store director and one or two assistant directors.

Most Fred Meyer stores lease peripheral retail space to other businesses. For example, an average store in Oregon and Washington would have a Hollywood Video store and a Washington Mutual Bank branch, and a Locksmith in the store's parking lot. Many stores also house a Starbucks Coffee outlet, some of which are operated by Fred Meyer under contract.


FRED MEYER MARKETPLACE


Fred Meyer Marketplace is a comparatively compact Fred Meyer, centered on a full service grocery section, with many of the other departments missing or considerably smaller than a full size Fred Meyer store. These are usually older locations in more central locations in Portland, with limited, often unique parking arrangements (like the Burlingame location's Multistory Parking Garage , or the rooftop parking at the Hawthorne location).

Some marketplace locations are early examples of Fred Meyer in its typical Mall format, being the Anchor Store in a small Fred Meyer shopping center. Locations from this early era are typified by having the lawn and garden department in a different building immediately across the street or Parking Lot .


FRED MEYER NORTHWEST BEST

Fred Meyer Northwest Best is the company's "new concept" store in upscale Northwest Portland near PGE Park . It was converted from the Fred Meyer Stadium Marketplace in 2004 to compete against newly arrived retailers such as the Pearl District Whole Foods Market and Northwest Portland Trader Joe's . Fred Meyer also has Northwest Best stores in Gig Harbor, Washington and Redmond, Washington .


PRIVATE LABEL BRANDS

Fred Meyer employs Kroger's manufacturing by adding its own private label brands alongside national brand products. Aside from products labeled ''Kroger'', one might also find the following brands at a Fred Meyer store: Kivu, Everyday Living (and the more upscale EL2), F°M°V ("For Maximum Value": lower prices than other private brands on selected staple items), Moto Tech, Private Selection, HD Designs, Splash Spa, and Naturally Preferred. Former brands associated with Fred Meyer were My-T-Fine and President's Choice.


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