Partners Charles Hyde and David Vredenburg — the “Hy” and the “Vee” in Hy-Vee — opened their first store together in 1930 in Beaconsville, Iowa, and from very early on established the principle of store-level autonomy that still guides the chain today. As the chain began to expand, it began paying store managers on a profit-sharing basis in 1933, according to a history on the company’s website. Store managers met at one of the stores to discuss ...

REGISTER TO VIEW THIS ARTICLE - Register for a Free Account

Why Register for FREE?

Registering for content on Supermarket News will give you INSTANT access to invaluable articles and media content that industry professionals rely on. You will have access to our special reports, feature articles, and industry analysis. It’s FREE, easy and quick.  What are you waiting for! In addition you will also receive a complimentary copy of SN's salary survey sent to you by email.
 

Click here to read the FAQ page if you have any questions (opens in a new window)
 

Attention Paid Print Subscribers:  While you have already been granted free access to SN we ask that you register now. We promise it will only take a few minutes! Or visit your profile and add your print magazine account number and zip code.

Already registered? here.