Fred Meyer Stores, Inc. · Portland, OR United States
Company Description
View Fred Meyer Stores, Inc. Locations On A US Map
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This link will open in a new window Fred Meyer Stores went out for groceries and wound up in Kroger's cart. Freddy's -- as the chain is known -- is a supercenter pioneer providing food and general merchandise to cost-conscious consumers in the Pacific Northwest and Alaska. The third-largest supercenter operator in the US (behind Wal-Mart and Costco Wholesale ), Fred Meyer's 125-plus multidepartment stores (averaging 155,000 sq. ft.) offer everything from apparel and home goods to groceries, consumer electronics, fuel, and jewelry. Its Web store delivers to the Alaska Bush. Kroger has leveraged Fred Meyer's general merchandising expertise as defense against Wal-Mart, which has overtaken Kroger as the largest seller of groceries in the US. To read the full description, subscribe now.
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Key Fred Meyer Stores, Inc. Financials
| Company Type | Subsidiary Headquarters |
| Fiscal Year-End | January |
| Employees | 30,000 |
Fred Meyer Stores, Inc. Executives
12 executives listed for Fred Meyer Stores, Inc.'s Portland, OR location.
| Title | Name & Bio | Contact |
| Operating Unit Head | Michael Ellis | Network |
| VP and CFO | David Deatherage | Network |
| EVP Corporate Merchandising and Advertising | Lynn Gust | Network |
Competition
Competitive Landscape for Fred Meyer Stores, Inc.
Jewelry sales depend partly on consumer income. Small jewelers can effectively compete with large chains because price isn't the main factor determining sales. Profitability depends on merchandising and effective marketing. Jewelry is sold not only by specialized jewelry retailers, but also by department stores and mass merchants. Because regular gross margins are very high, often 50 percent, mass merchants have been able to cut prices and take market share. Wal-Mart is the largest jewelry retailer in the US. To read the full description, subscribe now.Top Fred Meyer Stores, Inc. Competitors
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