Kroger takeover of Harris Teeter is official
01/29/2014 1:34 PM
01/29/2014 1:35 PM
It’s a done deal, Harris Teeter shoppers.
The purchase of the Matthews chain by Kroger is complete.
My colleague in Charlotte, Ely Portillo writes:
Cincinnati-based Kroger Co. said Wednesday that it has officially closed its acquisition of homegrown supermarket company Harris Teeter, which is now a subsidiary of the Kroger conglomerate.
Although Harris Teeter will keep its Matthews offices, its name and a degree of autonomy following the $2.5 billion deal, two high-ranking executives at Harris Teeter are leaving the company...
Click HERE for more details on the acquisition of Harris Teeter.
While Kroger has promised Harris Teeter autonomy, nothing has been said about coupon policies and special coupon events, which have been a mainstay of Harris Teeter marketing but have all but dried up at Kroger stores.
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