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Kroger Buys Rival Grocer Harris Teeter, Citing Potential for Growth
Kroger said Tuesday it is acquiring all 212 Harris Teeter Supermarket stores for $2.4 billion, but plans to keep management and operations the same. That's likely excellent news to the loyal customers of the chain's stores, which operate in eight
Kroger said Tuesday it is acquiring all 212 Harris Teeter Supermarket stores for $2.4 billion, but plans to keep management and operations the same. That's likely excellent news to the loyal customers of the chain's stores, which operate in eight
Kroger (KR) executives found a ration to like in Harris Teeter (HTSI): honestly new grocery stores, a first-class loyalty program, and zero unionized workers. But simple demographics likely trumped all those factors in Kroger's go Tuesday to offer $2.5
Kroger, already the people's largest traditional supermarket operator, is expanding its reach in key southeastern and mid-Atlantic states by snapping up regional grocer Harris Teeter Supermarkets Inc. The $2.44 billion cash
Harris Teeter stores will keep their names and personalities, as with the nearly two dozen other regional chains owned by Kroger, including Ralphs in Southern California, Fred Meyer in the Pacific Northwest and Fry's in Phoenix, the company said. "I
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