Who is purchasing harris teeter

First, competition in the grocery industry has been intensifying in recent years as new types of retailers have entered the marketplace. Mega-stores like Target and Walmart have opened grocery sections, and dollar stores have grown their food aisles.

On the opposite end, Whole Foods continues to establish strongholds in more affluent markets. To stay competitive, grocery stores have been rapidly consolidating. Second, Harris Teeter may be comparatively small, but it's nestled in a desirable region. It "has stores in affluent vacation destinations, university communities and markets where populations are growing faster than the U.

According to Triangle Business Journal , "Kroger has been losing grocery dollar market share in the Triangle for several years to Wal-Mart and Food Lion," and in the past two years has had to shut down three of its underperforming stores.

Meanwhile, Harris Teeter is expanding in the area. Finally, Harris Teeter is no schlub itself. David B. Dillon, Kroger's chairman and chief executive officer said, "Harris Teeter is an exceptional company with a great brand, friendly and talented associates, and attractive store formats in vibrant markets run by a first-class management team.

Skip to header Skip to main content Skip to footer Feature. Actual outcomes and results may differ materially from those expressed in, or implied by, any of these forward-looking statements. The Company does not assume any duty to update these statements as of any future date or revise any forward-looking statements.

Harris Teeter, with headquarters in Matthews, N. Additional Contact:. Kroger Store located at Hillsborough Rd. The pharmacy at this location will be closed for remodel; prescriptions will be transferred to Erwin Square Harris Teeter at Hillsborough Rd.

Kroger Store located at N. Roxboro Rd. The pharmacy at this location will remain open during remodel. Kroger Store located at Creedmoor Rd. The pharmacy at this location will be closed for remodel; prescriptions will be transferred to Creedmoor Road Harris Teeter at W.