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Information About

Hy-vee Food Stores




  Company Logo
  Company Type Private
  Foundation Beaconsfield, Iowa ( 1930 )
  Location West Des Moines, Iowa
  Key People Richard Jurgens, CEO<br>Ron Pearson, chairman
  Revenue $46 billion ( 2004 )
  Num Employees 47,000
  Industry Retail ( Grocery )
  Products Hy-Vee supermarkets<br>Hy-Vee gas stations<BR>Hy-Vee Drugstores<BR>Regal Liquors/Hy-Vee Wine & Spirits liquor stores


Hy-Vee Food Stores is an Employee-owned chain of Supermarket s located in the Midwest ern United States .

As of April 2006 , Hy-Vee operates 198 supermarkets and 26 Drugstores in seven states. The company has new locations under construction. Over 100 of those stores are located in Iowa , with additional stores in Illinois , Kansas , Minnesota , Missouri , Nebraska , and South Dakota . They also operate 26 Hy-Vee Drugstores (formerly called DrugTown) in Iowa and Nebraska. Hy-Vee also operates Liquor stores under the names Regal Liquors and Hy-Vee Wine & Spirits.

. This store is being built at the location of the former Eagle Country Market, and is scheduled to open in April of 2006 .]]
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Most Hy-Vee stores are full-service supermarkets with Bakeries , Delicatessen s, Bank s, Florist s, and pharmacies. To keep pace with Wal-Mart 's recent expansion into the Gas Station business, Hy-Vee has also added gas stations with Convenience Store s on some of its properties. Customers are often given a discount of several cents per gallon of gas when their grocery Receipt is shown.

Hy-Vee is known for its longtime Advertising Slogan , "Where there's a helpful smile in every aisle."

Two-time National Football League MVP Kurt Warner once stocked shelves at a Hy-Vee Store in Cedar Falls . After being cut by the Green Bay Packers at age 24, he thought his football career might be over and worked there to cover bills.


HISTORY

In 1930 , the first Hy-Vee store was started in Beaconsfield, Iowa , by Charles Hyde and David Vredenburg. More stores were started, and in 1938 , they incorporated into Hyde & Vredenburg, Inc. The Hy-Vee name, which is a contraction of the two names, was adopted in 1952 . Hy-Vee opened their first DrugTown store in Cedar Rapids, Iowa , in 1969 ; in 2005 all DrugTown stores were renamed Hy-Vee Drugstores in order to reflect the relationship between the chain's pharmacies and supermarkets. {Link without Title}

Hyde & Vredenburg was originally based in Lamoni, Iowa , before moving to Chariton, Iowa , in 1945 . Hy-Vee's corporate offices were moved to their current home in West Des Moines, Iowa , in 1995 . The company still has its primary distribution center in Chariton; a second distribution center is located in Cherokee, Iowa .

Hy-Vee purchased the Naming Rights to the Iowa Events Center 's exhibition hall in 2001 ; Hy-Vee Hall was completed in December 2004.

In recent years Hy-Vee has branched out from its retail operations by acquiring several companies that provide services to its stores. Hy-Vee's non-retail subsidiaries are:

Hy-Vee Inc. employs over 47,000 individuals and is the largest employer in the state of Iowa. The company has annual sales of over $ 4.6 billion. In 2004 , Hy-Vee ranked 31st on '' Forbes '' magazine's annual list of the largest privately-owned companies in the United States. {Link without Title}

When the rival Eagle Food Center s chain of supermarkets ceased operations, Hy-Vee had purchased several of the locations, most of the buildings at which were demolished and replaced with newer ones. The company often repeats this process with other purchased locations, in order to maintain a consistent corporate image.


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