Fareway was founded in Boone, Iowa, in 1938 by Paul Beckwith. The company is still owned and operated by the Beckwith family.
The company operates a chain of full service supermarkets. As of 2015, the company had more than 100 locations and 5,000 full time employees. Fareway stores offer full service, including pharmacy, bakery, and even movie rentals. The company also offers a mobile phone app which allows persons to order items for delivery, as well as keeping track of their points for cash back options.
Fareway envisions a one stop quick shop, where customers can park, grab food for the home, and back in their cars within 10 minutes.
Fareway maintains a corporate office in Boone, Iowa.