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Harris Teeter chain is for sale?

Ja Rhule

By Ja Rhule,
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Ja Rhule Grand Master

Ja Rhule

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http://www.wsoctv.co...ews-area/nWM6w/

MATTHEWS, N.C. —

The Wall Street Journal is reporting a major local employer could be considering a sale.

Matthews-based Harris Teeter employes more than 3,000 people in this area alone.

A spokesperson for Harris Teeter released a statement saying, "Harris Teeter, as a matter of policy, does not comment on rumors regarding mergers and acquisitions."

Harris Teeter is a name and brand people in the Charlotte area recognize.

"This is a staple here in this community, this grocery store is," said Darlene Mullins, a shopper in Matthews.

A report from the Wall Street Journal that company could be considering a sale had people who live in the area concerned about what it could mean about the quality of their neighborhood store and all the jobs the company creates.

"I think it'd be horrible for the neighborhood, the economy, the community," said Corey Ackerman, another shopper.

"A lot of job loss, we cant afford that," said Brittany Pearch.

Harris Teeter won't comment on the report and there is no word of who could buy or what that could mean for the company's headquarters, employees or stores.

Matthews officials say they haven't heard of any possible changes that could be coming.

Matthews Mayor Jim Taylor released a statement to Eyewitness News saying, "Harris Teeter has been a great corporate citizen in Matthews for a number of years and we hope that relationship can and will continue. I count Harris Teeter as one of our 'partners' in the Matthews community. We have a lot of pride in the fact that Matthews, N.C., is the corporate headquarters of Harris Teeter and we would hate to see that change. Harris Teeter has not notified us of any pending change in control or pending sale. I would hope that if the rumors are true, regarding any sale, that they would still have a substantial presence here in Matthews. We will work hard to keep that relationship going. Matthews has and will continue to work together with all of our corporate citizens, both large and small, to make the best of our community."

The spokesperson for the Town of Matthews, Annette Privette Keller, also released a statement saying, "Harris Teeter has been a fantastic corporate neighbor. The town looks forward to a continued relationship with the company.

There has been no indication from the company of any changes."

"They are places you go buy your milk, buy Lima beans and they become very personal," said Dan Morrill, director of the Historic Landmark Commission.

Morrill says this type of discussion isn't just about the business either. It is also about the history and the name that people know and feel comfortable with.

"Someone with strong roots in the community and it gets plucked like a chicken. It's uncertainty," said Morrill.

Currently Ruddick Corporation, a Charlotte-based holding company, owns Harris Teeter.

Head over the WSOC-TV's Facebook page and leave your comments on the possible sale of Harris Teeter here.

This can be big for Charlotte area...

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Niner National Newbie

Niner National

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Publix probably made them a sizable offer. Publix wants to get into the mid Atlantic and this will put them up into the DC area.

Publix wants to put a regional HQ in Charlotte so simply buying HT would take care of that while also lessening competition.

Would hate to see HT go, but I think they're probably done.

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Posted
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Publix probably made them a sizable offer. Publix wants to get into the mid Atlantic and this will put them up into the DC area.

Publix wants to put a regional HQ in Charlotte so simply buying HT would take care of that while also lessening competition.

Would hate to see HT go, but I think they're probably done.

I think they've already established a regional office here. Once Publix starts to come in, they eventually dominate. They are building one about 5 min from my office which I'm excited about. I think the competition or threat of competition from Publix forced HT to upgrade their stores and offerings (eg now they have Boars Head meats, etc), and they have the high end 201 Central stores. Another example where competition is a good thing.

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