Profile: Harris Teeter Supermarkets Inc (HTSI.N)

HTSI.N on New York Stock Exchange

49.19USD
1 Aug 2013
Price Change (% chg)

$0.01 (+0.02%)
Prev Close
$49.18
Open
$49.27
Day's High
$49.29
Day's Low
$49.18
Volume
162,492
Avg. Vol
126,717
52-wk High
$49.90
52-wk Low
$35.27

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Harris Teeter Supermarkets, Inc., formerly Ruddick Corporation, incorporated on October 27, 1968, operates a regional chain of supermarkets in eight states primarily in the southeastern and mid-Atlantic United States, and the District of Columbia. As of October 2, 2012, the Company operated 208 supermarkets located in North Carolina (136), Virginia (38), South Carolina (14), Maryland (7), Tennessee (5), Delaware (3), District of Columbia (3), Florida (1) and Georgia (1). These supermarkets offer a range of groceries, produce, meat and seafood, delicatessen items, bakery items, wines and non-food items, such as health and beauty care, general merchandise and floral. On November 7, 2011, the Company completed the sale of all of its ownership interest in its thread manufacturing subsidiary, American & Efird (A&E) to two affiliates of KPS Capital Partners, LP.

As of October 2, 2012, the Company operated pharmacies in 143 of their supermarkets. Subsequent to the end of fiscal year ended October 2, 2012 (fiscal 2012), the Company opened two stores under a new format and banner - 201central. The 201central format features a range of wine, beer, specialty foods and other selected merchandise. Retail supermarket operations are supported by two company-owned distribution centers and one company-owned dairy production facility. Other than milk, yogurt and ice cream produced by the company-owned facility, the Company purchases the products it sells, including its store brand products, from outside suppliers or directly from the manufacturers.

The Company competes with Wal-Mart and Target.

Company Address

Harris Teeter Supermarkets Inc

701 Crestdale Road
MATTHEWS   NC   28105
P: +1704.8443100
F: +1704.3726409

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