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Harris Teeter Considering Sale of Corporation--See Details Below!

Discussion in 'General Chat Forum' started by foodie, Feb 12, 2013.

  1. foodie

    foodie New Member

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    For those of you shop (or not shop) at Harris Teeter (HT), The Charlotte Observer and The Wall Street Journal reported today that HT has asked JP Morgan to research selling their corporation.:scaredeyes:

    Web site with story links are below--:scaredeyes:

    http://www.charlotteobserver.com/2013/02/12/3850754/report-harris-teeter-considering.html (Charlotte Observer's site/info.)

    Since HT has its corporate headquarters in the Charlotte, NC region, Publix is opening stores in the NC areas and apparently is competing (along with Walmart stores) against HT's presence in the "grocery arena". Kroger and Publix may be vying for the "grocery lion's share" too. We shall see--very interesting!;)

    Since we are originally from GA, I would love to see Publix in the Mid-Atlantic here. Time will tell. Enjoy!

    Foodie (Katie):)
     
  2. Che11ez

    Che11ez Active Member

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    Not sure if that's good or bad...I shop at HT because their quality on some things are much better...even though they are expensive...
     
  3. hokie'81

    hokie'81 New Member

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    Publix is a great store...
     
  4. foodie

    foodie New Member

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    Perhaps Publix will be interested in purchasing HT and its entities. Publix has set up a division of their offices in the Charlotte, NC according to my coupon forums.

    Below is a link for more details that HT posted on its Press Release section of their web site--enjoy!:happygrin:

    http://www.harristeeter.com/about_us/press_room/press_releases.aspx?article=882 (HT's site/info and Press Release of possible selling its corporation.)

    Foodie (Katie):)
     
  5. foodie

    foodie New Member

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    Update from the News Observer about HT and interested parties for purchasing perhaps a group of private equity firms--maybe?:) The articles suggests that upscale grocers (i.e. Ahold, Wegmans or Whole Foods perhaps might also be interested as well as Publix).

    Web site/link below--:)

    http://www.newsobserver.com/2013/02/14/2677817/with-a-possible-sale-on-harris.html (News Observer's site/info.)

    Foodie (Katie):)
     

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