Kroger is buying Harris Teeter

[Guest]

Kind of surpising to me, anyway.  

 

http://www.wcnc.com/news/business/Kroger-to-buy-Matthews-based-Harris-Teeter-214722431.html

 

 

[Cary Kollins]

I heard that Harris Teeter and Piggly Wiggly were merging...to be rebranded as Wiggly Teeters.

[Kurb]

Maybe they will have apples that are actually ripe and not sprayed with ripener thus tasting like poo.

[Hotsauce]

Get ready to start paying more for groceries

[Inimicus]

Get ready to start paying more for groceries

 

More?

 

Hell I go to Whole Foods when the budget is tight and I cant afford Harris Teeter.

 

 

edit:

OK not really, but next to Harris Teeter the only thing more expensive is Whole Foods and Trader Joe's.  I would think Kroger would actually bring the prices down a bit.

[Black]

More?

 

Hell I go to Whole Foods when the budget is tight and I cant afford Harris Teeter.

 

 

edit:

OK not really, but next to Harris Teeter the only thing more expensive is Whole Foods and Trader Joe's.  I would think Kroger would actually bring the prices down a bit.

 

Trader Joe's isn't expensive at all.  

[Ja Rhule]

Food Lion FTW!!!!!

[MadHatter]

More?

 

Hell I go to Whole Foods when the budget is tight and I cant afford Harris Teeter.

 

 

edit:

OK not really, but next to Harris Teeter the only thing more expensive is Whole Foods and Trader Joe's.  I would think Kroger would actually bring the prices down a bit.

 

Not sure what is really going to change much (price wise) with HT.  Kroger is going to operate it as a separately managed subsidiary.  Probably positioning it as more upscale while their traditional Kroger stores as more middle of the road.

 

Will be interested to see what they do here.  Especially given that my wife was the Controller and Asst Treasurer for Rudick Corp (owned HT).  We know a lot of people who work for the corporate offices for HT.

[Scrumtrilescent]

Kroger coming back to the area...next up, A&P.

[Cat]

Harris Teeter is so freaking expensive, I rarely shop there. I only go there for meat when I buy meat. Almost everything is noticeably cheaper at Food Lion.But nothing beats the produce stand in Mint Hill. I get most of my groceries there for the week and spend about $46.00.

[Panthro]

Looks like I will be transitioning to Costco and Trader Joes

They are doing this because Publix will eat their lunch

[TylerDurden]

I'm surprised Kroger was able to buy them out...  I was under the impression that Kroger was on the outs in this area for awhile.  It's actually kind of disappointing because I've always thought HT's produce was the best of the regional grocery store chains.  They're finishing one up about a mile from me and I was looking forward to it but, now I don't know what to expect.

 

 

[Cary Kollins]

Judging by the article, it sounds like HT will pretty much be the same.

[Niner National]

I'm surprised Kroger was able to buy them out...  I was under the impression that Kroger was on the outs in this area for awhile.  It's actually kind of disappointing because I've always thought HT's produce was the best of the regional grocery store chains.  They're finishing one up about a mile from me and I was looking forward to it but, now I don't know what to expect.

Kroger is one of the largest grocers in the world. They did 90 BILLION in revenue last year.

 

They make Publix look small.

 

Nothing is going to chance. This area already had BiLo, Food Lion, Walmart, and Compare Foods for the 'bargain' shoppers.

 

HT is the only upscale supermarket in the area with a large footprint. Kroger is going to keep HT just as they are. They'll probably keep much of the same management staff in place. I know they're keeping the offices here and the distribution center. That doesn't mean nobody will lose their jobs in corporate, but the losses should be minimal if there are any at all.