Tag: Harris Teeter

Kroger Acquires Harris Teeter to Attract High-end Market

Big news from the grocery sector:  Kroger will buy Harris Teeter for $2.5 billion following the trend of consolidation in the grocery industry. Earlier this year, Empire Ltd, the owner of Canadian grocery chain Sobeys, bought Safeway’s Canadian business for $5.7 billion in a “game changing” deal. As the supermarket industry becomes more competitive, companies …

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