Content about Harris Teeter

January 29, 2014

The Kroger Co. said it has completed its acquisition of Harris Teeter Supermarkets for about $2.5 billion. Under the terms of the merger agreement, Harris Teeter shareholders will receive $49.38 per share of Harris Teeter common stock.

December 5, 2013

Kroger Co. reported a lower third-quarter profit that matched Wall Street's view. Net income fell to $299 million from $317 million a year earlier, partly on the costs from the pending acquisition of Harris Teeter.

December 2, 2013

Logic dictates that the easier it is for customers to pay for goods, the more likely they are to purchase them. Long lines, fumbling for cash or a payment card, and even the simple act of waiting for an associate to ring up a sale at a traditional fixed POS terminal are all impediments to converting sales from busy and distracted consumers. 

October 3, 2013

Shareholders of Harris Teeter Supermarkets on Thursday voted overwhelmingly to approve the previously announced merger with The Kroger Co.

September 12, 2013

In separate announcements on Thursday, Bi-Lo Holdings and Harris Teeter on Thursday announced plans to acquire select Piggly Wiggly-branded stores.

August 27, 2013

Supermarket-anchored shopping centers haven't changed much since the invention of suburbia. Find a good location, sign a grocery anchor, get a construction loan and some inline local, regional and maybe national retailers, and you're in business.

Today, however, supermarkets are beginning to change, and supermarket-anchored shopping centers, of course, must follow along.

Why are grocers changing? Competition from all sides.

Big boxes like Wal-Mart, Target, warehouse clubs and drug stores are competing with traditional grocers for commodity dry-goods sales.

August 22, 2013

In a pilot at its Matthews, N.C. store, Harris Teeter, which was recently acquired by The Kroger Co., is using Paydiant's white label mobile wallet solution as part of its Express Lane online shopping service in Matthews, N.C., beginning this month.

August 22, 2013

In a pilot at its Matthews, N.C. store, Harris Teeter, which was recently acquired by The Kroger Co., is using Paydiant's white label mobile wallet solution as part of its Express Lane online shopping service in Matthews, N.C., beginning this month.

July 9, 2013

The Kroger Co. has reached an agreement to purchase all outstanding shares of Harris Teeter Supermarkets for $49.38 per share in cash, or about $2.5 billion.

March 18, 2013

Harris Teeter Together in Education (TIE) donated more than $385,000 to participating TIE schools during the second of three payouts of the 2012/2013 school year, raising the program total to $18.7 million since 1998.

March 5, 2013

Despite rumors to the contrary, Publix is not interested in acquiring Harris Teeter, according to The Ledger.

March 1, 2013

Publix Super Markets is interested in Harris Teeter Supermarkets, Bloomberg reported.

February 12, 2013

A report by the Wall Street Journal said that Harris Teeter Supermarkets is considering putting itself up for sale.

February 1, 2013

Harris Teeter Supermarkets Inc. reported that its fiscal first-quarter net income rose nearly 67%.

November 2, 2012

Harris Teeter Supermarkets reported a profit of $22.8 million in its fourth quarter, compared with a loss of $8.9 million last year.

September 18, 2012

Harris Teeter is currently renovating two locations into a new concept called 201central, which will carry an extensive variety of wine, beer, specialty foods and other general merchandise items.

August 15, 2012

Don’t let the grocery sector shake-ups fool you.

While there are individual failures, the category as a whole continues to find favor among developers that place a premium on having a traffic magnet in their shopping centers.

August 3, 2012

Harris Teeter plans to expand its presence in existing markets, the company said in its third-quarter earnings release.

July 24, 2012

Charlotte, N.C.-based Crosland Southeast announced it plans to develop a Harris Teeter-anchored shopping center in Clayton, N.C.

June 27, 2012

Casto announced that Harris Teeter will open a 53,000-sq.-ft. store at Memorial Commons, located in Goldsboro, N.C.

June 4, 2012

Harris Teeter Supermarkets entered into an agreement with Lowe’s Food Stores whereby Harris Teeter will acquire 10 Lowes locations in the central Carolinas region and Lowes Foods acquiring six Harris Teeter store locations in western North Carolina.

May 3, 2012

Harris Teeter Supermarkets reported that net income for the quarter ended April 1 edged up to $30.3 million, from $29.9 million in the year-ago period.

February 9, 2012

The latest jewel in the portfolio of Mexican department store operator Liverpool took top honors in Chain Store Age’s 30th annual Retail Store of the Year design competition.

November 2, 2011

ATM owner Cardtronics said Wednesday it has signed an agreement to provide ATM services to grocer Harris Teeter.

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