Hy-Vee

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Hy-Vee, Inc.
Type Employee-Owned
Industry Retail (grocery)
When it was created Beaconsfield, Iowa (1930)
Headquarters West Des Moines, Iowa
Key people Richard Jurgens, chairman and CEO
John Briggs, CFO
Things made Bakery, dairy, deli, frozen foods, gas, general grocery, meat, pharmacy, produce, seafood, snacks, liquor
Money earned $5.84 billion (2007)[1]
Employees 52,000[1]
Website www.hyvee.com

Hy-Vee is an employee owned chain of supermarkets in the Midwestern United States.As of January 2008, Hy-Vee runs 197 supermarkets and 26 Drugstores in seven states.[2] Over 100 of its supermarkets are in Iowa, but it also has stores in Illinois, Kansas, Minnesota, Missouri, Nebraska, and South Dakota. 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 worked at a Hy-Vee Store in Cedar Falls, Iowa. After he was cut by the Green Bay Packers at age 24, he thought his football career might be over, so he worked there to play for his bills.

Company starting[change | change source]

The company was started by Charles Hyde and David Vredenburg. They had opened a general store in Beaconsfield, Iowa, in 1930. In 1938, the company changed their name to Hyde & Vredenburg, Inc. Hyde & Vredenburg had 15 stores in Iowa and Missouri at that time. In 1945, Hyde & Vredenburg moved its headquarters from Lamoni to Chariton, Iowa, after buying the Chariton Wholesale Company.

Stores[change | change source]

Most Hy-Vee stores are full-service supermarkets with bakeries, delicatessens, banks, florists, 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 stores to some of its stores.

HyVee's Largest Store is in Sioux Falls, South Dakota, which has over 100,000 square feet (9,290.3 m2) of Retail Space in the store. Hy-vee keeps making larger stores, so their largest store changes every 6 months to every year.

Employment[change | change source]

Hy-Vee Inc. employs over 52,000 people and is the largest employer in the state of Iowa. The company has annual sales of over $5.84 billion. In 2007, Hy-Vee ranked 47th on Forbes magazine's annual list of the largest privately owned companies in the United States.[1]

References[change | change source]

Other websites[change | change source]