Content about Harris Teeter

April 16, 2014

In celebration of its 150th Express Lane Online Shopping location, which opened last week, the grocer launched a new payment option.

MATTHEWS, N.C. — In celebration of its 150th Express Lane Online Shopping location, which opened last week, the grocer launched a new payment option.

Harris Teeter’s Express Lane Online Shopping service was introduced in 2000 to the company’s home market of Charlotte, N.C. The goal: To make grocery shopping as easy and convenient as possible. The service has now grown to 150 locations throughout the company’s footprint, with the most recent location opening last week at the new Canton Crossing Harris Teeter in Baltimore, Md.

March 31, 2014

Consumer Reports has ranked Wegmans No. 1 in its list of supermarkets across the country with a score of 88, according to a report in USA Today published Thursday.

ARLINGTON, Va. — Consumer Reports has ranked Wegmans No. 1 in its list of supermarkets across the country with a score of 88, according to a report in USA Today published Thursday. Publix ranked No. 3 with a score of 85. Costco, Hy-Vee, Harris Teeter and H-E-B also made the top 10 list. 

Wegmans, along with Trader Joe's, was rated best among employee courtesy and checkout speed. 

March 6, 2014

Kroger danced around "the elephant in the room" in declining to discuss future merger and acquisition plans on its fourth-quarter conference call Thursday morning.

CINCINNATI — Kroger danced around "the elephant in the room" in declining to discuss future merger and acquisition plans on its fourth-quarter conference call Thursday morning. While neither Kroger executives nor analysts actually referenced any potential Safeway transaction, Rodney McMullen, Kroger CEO did provide some color as to what strategic opportunities the company would be interested in: "The thing that was attractive about Harris Teeter as a transaction — it's a well-run company that overall we admired a whole lot," he said.

March 6, 2014

Cerberus Capital Management is attempting to lock down a deal to secure Safeway as part of an acquisition that could exceed $9 billion, The Wall Street Journal reported Wednesday.

NEW YORK — Cerberus Capital Management is attempting to lock down a deal to secure Safeway as part of an acquisition that could exceed $9 billion, the Wall Street Journal reported Wednesday

February 28, 2014

Following speculation that Safeway may be considering "strategic alternatives," Safeway executives during their latest conference call confirmed just that — the supermarket retailer placed itself on the sales block. Before that conference call, analysts were already putting two and two together and coming up with two viable suitors for the Safeway footprint — private investment firm Cerberus, also known as New Albertsons, and supermarket giant Kroger, which has just closed on Harris Teeter for $2.5 billion.

Cerberus is said to be the lead bidder, but Kroger shouldn't be ruled out. But what would Cerberus or Kroger be getting if they purchased Safeway outright for almost $10 billion? In addition to 1,335 locations and a $2.7 billion book of prescription business, there would be some intangibles in the deal as well — namely Safeway's relatively advanced Just for U loyalty program and a yet-to-be launched health-and-wellness platform that's supposed to evolve Safeway over the next decade from being a food retailer into being a health solutions center.

Following speculation that Safeway may be considering "strategic alternatives," Safeway executives during their latest conference call confirmed just that — the supermarket retailer placed itself on the sales block.

January 29, 2014

Kroger and Harris Teeter supermarkets announced that the merger transaction between the two companies was completed on Jan. 28, 2014.

CINCINNATI — Kroger and Harris Teeter supermarkets Wednesday morning announced that the merger transaction between the two companies was completed on Jan. 28, 2014. Under the terms of the merger agreement, Harris Teeter shareholders will receive $49.38 per share of Harris Teeter common stock.

As of Jan. 28 shares of Harris Teeter common stock ceased to trade on the New York Stock Exchange.

January 20, 2014

Kroger and Harris Teeter Supermarkets on Friday announced that the Federal Trade Commission granted early termination of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 with respect to the pending merger transaction between the two companies.

CINCINNATI — Kroger and Harris Teeter Supermarkets on Friday announced that the Federal Trade Commission granted early termination of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 with respect to the pending merger transaction between the two companies.

The early termination of the HSR waiting period satisfies one of the conditions to the closing of the pending merger, which remains subject to other customary closing conditions. Both companies expect the transaction to be completed before the end of January.

December 23, 2013

Harris Teeter announced its first store opening in Summerville, N.C. with a ribbon cutting ceremony that morning.

MATTHEWS, N.C. — Harris Teeter on Friday announced its first store opening in Summerville, N.C. with a ribbon cutting ceremony that morning.

The Corner at Wescott Harris Teeter will be open 24 hours, and the Harris Teeter pharmacy will be open seven days per week, as well.

November 27, 2013

Harris Teeter and MillerCoors on Tuesday donated holiday meals to 400 military families served by Operation Homefront.

CHARLOTTE, N.C. — Harris Teeter and MillerCoors on Tuesday donated holiday meals to 400 military families served by Operation Homefront. Murphy-Goode also donated $6,000 in Harris Teeter gift cards to Operation Homefront; the gift cards will be used by military families to purchase holiday meals. 

Operation Homefront is a nonprofit organization which provides emergency financial and other assistance to the families of our service members and wounded warriors.  

November 12, 2013

Harris Teeter on Monday announced the chain donated as much as $8.3 million to its non-profit partners during its 2013 fiscal year ended Oct. 1.

MATTHEWS, N.C. — Harris Teeter on Monday announced the chain donated as much as $8.3 million to its nonprofit partners during its 2013 fiscal year ended Oct. 1. The company also donated 5.1 million pounds of food to hunger relief organization — more than 1.4 million pounds than the previous year. 

November 1, 2013

Grocer Harris Teeter posted an increase in fiscal 2013 sales and same-store sales.

MATTHEWS, N.C. — Grocer Harris Teeter posted an increase in fiscal 2013 sales and same-store sales.

For fiscal 2013, sales rose 3.8% to $4.71 billion from $4.54 billion in the year-ago period. Same-store sales for the year increased 2.23%.

Fourth quarter sales rose 4.5% to $1.19 billion from $1.14 billion in the year-ago period. The increase in sales was fueled by an increase in same-store sales and sales from new stores, partially offset by store closings. Same-store sales increased 1.49% for the quarter.

October 4, 2013

Harris Teeter Supermarkets on Thursday announced that Harris Teeter’s shareholders overwhelmingly voted to approve the previously announced merger agreement among Harris Teeter, Hornet Acquisition and Kroger.

MATTHEWS, N.C. — Harris Teeter Supermarkets on Thursday announced that Harris Teeter’s shareholders overwhelmingly voted to approve the previously announced merger agreement among Harris Teeter, Hornet Acquisition and Kroger. Approximately 98.6% of the votes cast during the day's special meeting were voted in favor of the merger agreement, representing approximately 82.5% of Harris Teeter’s outstanding common stock as of Aug. 22, 2013, the record date for the special meeting. 

September 26, 2013

On Saturday, Harris Teeter will make a $75,000 donation to Make-A-Wish Central and Western North Carolina at the start of the Andrew Roby’s annual “Pitchin for Wishes” Cornhole Tournament at Freedom Park, the grocer announced.

CHARLOTTE, N.C. — On Saturday, Harris Teeter will make a $75,000 donation to Make-A-Wish Central and Western North Carolina at the start of the Andrew Roby’s annual “Pitchin' for Wishes” Cornhole Tournament at Freedom Park, the grocer announced. The money was raised through Harris Teeter vendors who will participate in a cornhole tournament hosted by Harris Teeter on Friday. 

The winners of the Harris Teeter cornhole tournament will also participate in the “Pitchin’ for Wishes” tournament.

September 12, 2013

On the same day Bi-Lo Holdings acquired 22 Piggly Wiggly locations, Harris Teeter Supermarkets also acquired six Piggly Wiggly locations as well as one future location all in the Charleston, S.C., area.

MATTHEWS, N.C. — On the same day Bi-Lo Holdings acquired 22 Piggly Wiggly locations, Harris Teeter Supermarkets also acquired six Piggly Wiggly locations as well as one future location all in the Charleston, S.C., area. 

The transaction is expected to be completed in October 2013. Harris Teeter plans to close the acquired stores for three to four days for stocking and training of employees. The pharmacies at the acquired stores will remain open throughout the transition, the grocer announced. 

September 12, 2013

Kroger on Thursday reported total sales of $22.7 billion for the second quarter ended Aug. 17, representing an increase of 4.6% as compared with the year-ago period.

CINCINNATI — Kroger on Thursday reported total sales of $22.7 billion for the second quarter ended Aug. 17, representing an increase of 4.6% as compared with the year-ago period. Total sales, excluding fuel, increased 3.9% in the second quarter over the same period last year.  

And according to the grocer, this quarter marks the 39th consecutive quarter of positive identical supermarket sales.

August 28, 2013

Paydiant, provider of a cloud-based mobile wallet, cardless ATM access and offer redemption platform, on Tuesday announced that Harris Teeter will deploy a pilot of Paydiant’s white label mobile wallet as part of their Express Lane online shopping service in Matthews, N.C. beginning this month.

WELLESLEY, Mass. — Paydiant, provider of a cloud-based mobile wallet, cardless ATM access and offer redemption platform, on Tuesday announced that Harris Teeter will deploy a pilot of Paydiant’s white label mobile wallet as part of their Express Lane online shopping service in Matthews, N.C. beginning this month.  

August 26, 2013

Harris Teeter and its vendor Titan Farms on Friday donated approximately 28,725 lbs. of peaches to Second Harvest Food Bank of Northwest North Carolina to help feed the hungry in the local community.

CHARLOTTE, N.C. — Harris Teeter and its vendor Titan Farms on Friday donated approximately 28,725 lbs. of peaches to Second Harvest Food Bank of Northwest North Carolina to help feed the hungry in the local community. The donation is part of the retailer’s participation in the “Peaches with A Purpose” program sponsored by peach grower Titan Farms. 

August 16, 2013

Harris Teeter announced the Aug. 28 grand opening of a new store in the Creedmoor Village Shopping Center.

WAKE FOREST, N.C. — Harris Teeter announced this week the grand opening of a new store in the Creedmoor Village Shopping Center here. The store will open on Aug. 28 with a pharmacy open seven days per week.

The company is celebrating the grand opening with a ribbon cutting ceremony at 8 a.m. as well as weekend activities to introduce community members to the "H.T. Difference."

August 2, 2013

Harris Teeter Supermarkets on Thursday reported a third-quarter sales increase of 2.9% to $1.2 billion. Comparable-store sales were up 1.3% for the quarter.

MATTHEWS, N.C. — Harris Teeter Supermarkets on Thursday reported a third-quarter sales increase of 2.9% to $1.2 billion. Comparable-store sales were up 1.3% for the quarter. Same-store sales were negatively impacted by the shift of both the Easter and Fourth of July holidays.

August 2, 2013

Publix Super Markets announced it will enter the Asheville and Cary markets in North Carolina.

LAKELAND, Fla. — Publix Super Markets on Friday announced it will enter the Asheville and Cary markets in North Carolina.

July 31, 2013

Harris Teeter on Tuesday announced that it has reached an agreement with Tresata to provide the company with next-generation predictive analytics software, which will improve the way Harris Teeter serves its customers through improved functionality of its mobile application (htmobile), e-VIC program and the newly launched Facebook application by enhancing the user experience.

CHARLOTTE, N.C. — Harris Teeter on Tuesday announced that it has reached an agreement with Tresata to provide the company with next-generation predictive analytics software, which will improve the way Harris Teeter serves its customers through improved functionality of its mobile application (htmobile), e-VIC program and the newly launched Facebook application by enhancing the user experience. 

July 22, 2013

Following its announcement to acquire Harris Teeter Supermarkets in a deal valued at $2.5 billion made earlier this month Kroger plans to raise $1 billion through the issuance of two bonds, the Cincinnati Business Courier reported Friday.

CINCINNATI — Following its announcement to acquire Harris Teeter Supermarkets in a deal valued at $2.5 billion made earlier this month Kroger plans to raise $1 billion through the issuance of two bonds, the Cincinnati Business Courier reported Friday.

Kroger said in its Thursday filing it plans to issue $600 million in 10-year notes that pay a 3.85% annual interest rate. It also plans to issue $400 million in 30-year notes that pay 5.15%.

July 10, 2013

Harris Teeter on Tuesday announced that it is donating more than $587,000 to both the USO and Wounded Warrior Project.

CHARLOTTE, N.C. — Harris Teeter on Tuesday announced that it is donating more than $587,000 to both the USO and Wounded Warrior Project. The donation will be split evenly between the two groups, according to Harris Teeter communications specialist Danna Jones in a "thank-you" video posted on the grocer's site

July 10, 2013

According to a report published Monday in the Detroit Free Press, Kroger will create as many as 2,000 jobs throughout Michigan as the national grocer continues to grow marketshare across its core markets, even as the chain seeks a Southeastern foothold with the acquisition of Harris Teeter announced yesterday.

DETROIT — According to a report published Monday in the Detroit Free Press, Kroger will create as many as 2,000 jobs throughout Michigan as the national grocer continues to grow marketshare across its core markets, even as the chain seeks a Southeastern foothold with the acquisition of Harris Teeter announced yesterday. 

July 9, 2013

Kroger on Tuesday announced a definitive merger agreement under which Kroger will purchase all outstanding shares of Harris Teeter for $49.38 per share in cash as part of a deal valued upward of $2.5 billion.

CINCINNATI — Kroger on Tuesday announced a definitive merger agreement under which Kroger will purchase all outstanding shares of Harris Teeter for $49.38 per share in cash as part of a deal valued upward of $2.5 billion. 

The transaction price represents a premium of 33.7% to the Harris Teeter closing share price on Jan. 18, 2013, the day of the first media report that Harris Teeter was evaluating strategic alternatives. The terms of the agreement were approved by the boards of both companies.