FAREWAY PRESIDENT CREDITS CORE PHILOSOPHY

BOONE, Iowa - Low prices and good customer service have kept Fareway Stores here in business since 1938, and the new president plans to stick to that philosophy.Fareway has "a very simple model that hasn't changed much since 1938," said Fred Greiner, president and chief operating officer of the 90-store, family-owned chain. "We have our niche."Greiner, formerly the executive vice president and chief

BOONE, Iowa - Low prices and good customer service have kept Fareway Stores here in business since 1938, and the new president plans to stick to that philosophy.

Fareway has "a very simple model that hasn't changed much since 1938," said Fred Greiner, president and chief operating officer of the 90-store, family-owned chain. "We have our niche."

Greiner, formerly the executive vice president and chief operating officer, was named president earlier this year, succeeding Robert

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