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Fred Meyer, Inc. is an American chain of hypermarket superstores and subsidiary of Kroger based in Portland, Oregon. [1] The stores operate in the northwestern United States, with locations in Oregon, Washington, Idaho, and Alaska. The company was founded in 1922 by Fred G. Meyer in Portland.
Fred G. Meyer (February 21, 1886 – September 2, 1978) [3] was an American businessman who founded the Oregon-based Fred Meyer store chain, which had 63 stores in four western states at the time of his death. [3] [4] He was known for successfully introducing several innovative marketing concepts. [5]
In 1997, Smith's Food & Drug was acquired by Portland-based Fred Meyer for about $700 million (equivalent to $1.33 billion in 2023) in stock. [6] The deal created a supermarket and general merchandise chain with 374 stores in 17 western states.
By the mid-1990s, many Hughes store locations were sold to Ralphs, which was soon sold to Fred Meyer, later acquired by Kroger. [15] A new flagship store opened in downtown Kirkland in 2019, with 50,000 square feet (4,600 m 2 ) of space. [ 16 ]
At the same time, Food 4 Less was merged with Ralphs. In 1997, Yucaipa sold Ralphs to Portland, Oregon based Fred Meyer, owner of several chains in the west. Soon, Ralphs Marketplace stores started opening in suburban areas; these stores are based on the Fred Meyer model but without apparel. At the same time, they also acquired the 57-store ...
In Oregon, stores in Bend and Medford both operate under the Food 4 Less name, but with separate local owners. [16] [17] However on July 11, 2023, the store in Bend was rebranded to Local Acres Marketplace to reflect its local ownership and to differentiate it from the chain owned by Kroger, which owns the Fred Meyer chain in the U.S. Northwest ...
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In 1997, after the Fred Meyer–Smith's merger, Fred Meyer updated and revitalized the Smitty's concept (naming the stores Smitty’s Marketplace) and in January 1999, all Smitty's stores were renamed Fred Meyer Marketplace, ending the Smitty’s name. During this time, management of Smitty’s changed from Smith's Food and Drug to Fred Meyer.