Kroger and Harris Teeter Announce Definitive Merger Agreement
Together the company will operate 2,631 supermarkets and employ over 368,300 associates across 34 states and the District of Columbia. Following closing, Harris Teeter will continue to operate its stores as a subsidiary of The Kroger Co. and will continue to be led by key members of Harris Teeter’s senior management team. There are no plans to close stores, and associates will continue to have employment opportunities with both companies. Kroger headquarters will remain in Cincinnati, and Harris Teeter will keep its headquarters in Matthews, NC.
I think it's crazy yet strategic, for the past ten years Kroger stores in NC have been shutting down left and right, I used to work for Kroger for 2 years, my store actually closed, Harris Teeters seem to be doing well in NC though so I really think it's a great move on Kroger's part. I do wonder though would that make Harris Teeter stores unionized.