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In 1977, Marketime was renamed Fred Meyer. In the mid-1980s, the northwest Montana B&B stores also acquired the Fred Meyer name. On September 2, 1978, Fred G. Meyer died at the age of 92. Until his death, Meyer continued to play an active role in the day-to-day operation of his company.
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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, 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.
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He eventually served as the chairman and CEO of Fred Meyer. [1] During his time as CEO, he led Fred Meyer through their merger with Kroger, in mid-1999. He then served as vice chairman and chief operating officer at Kroger for a brief time before being appointed as chairman and CEO of Rite Aid Corporation. He held the post of CEO of Rite Aid ...