Biography
Meyer introduced innovative marketing concepts; he is often credited as one of the originators of the "one-stop shopping" concept, when in 1933, he built the Hollywood Fred Meyer, his first full-block megastore on Northeast Sandy Boulevard at 42nd Avenue in Portland (now a Rite Aid since the store's relocation to Hollywood West in 1988).
Fred G. Meyer's wife, Eva Marie, died in 1960.
Meyer was opposed to zoning, specifically naming the model of Houston, Texas as a successful example.
Upon his death his stock, in Fred Meyer established the Meyer Memorial Trust, leaving behind $60 million to be used for "religious, charitable, scientific, literary or educational purposes." The Meyer Memorial Trust is distinct from the Fred Meyer Foundation. The latter is sponsored by now Kroger-owned subsidiaries of Fred Meyer Stores and Quality Food Centers.
Read more about this topic: Fred G. Meyer
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