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Harris Teeter
Operates chain of supermarkets in southeastern and mid-atlantic.
Headquarters:
701 Crestdale Rd.
Matthews, NC 28105
Employees: 25,300
CEO: Thomas Dickson
Stock Symbol: HTSI
Website: http://www.harristeeter.com
Career Site
Harris Teeter operates a regional chain of supermarkets in eight states primarily in the southeastern and mid-Atlantic United States, and the District of Columbia.
Kroger announced in 2013 it will acquire Harris Teeter for about $2.4 billion.
The Company operates 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 full assortment 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. In addition, the Company operated pharmacies in 143 of their supermarkets as of the end of Fiscal 2012. Retail supermarket operations are supported by two company-owned distribution centers and one company-owned dairy production facility. The Company is known for exceptionally clean stores, superior customer service, the highest quality perishables and prepared foods, and an extensive selection of products at competitive prices.
At the end of 2012, the Company had total assets of $ 2.0 billion and approximately 25,300 employees.
Sales in fiscal 2012 were $4.54 billion, up 5.8%, and net earnings of $82.5 million.
History
In 1936, W. T. Harris borrowed $500 to open his first grocery store in Charlotte, NC. In 1939, Willis L. Teeter and his brother, Paul, borrowed $1,700 to open their first Teeter’s Food Mart in Mooresville, NC.
The two young, prospering companies first combined efforts in 1958 when they pooled their buying efforts and storage facilities.
On February 1, 1960, Harris Super Markets and Teeter’s Food Marts officially merged to form Harris Teeter Super Markets, Inc. There were already 15 stores in operation. The first “Harris Teeter” store to open under the new banner was in Kannapolis, NC.
Benefits
In addition to a competitive base salary and the opportunity to participate in an attractive incentive program, Harris Teeter offers the following benefits:
- Medical
- Dental
- Vision
- Employee Term Life Insurance
- Dependent Life Insurance
- Supplemental Life Insurance
- Supplemental AD&D Insurance
- Short Term Disability
- Long Term Disability
- Flexible Spending Accounts:
- Health Care
- Dependent Care
- Commuter Benefits
- Whole Life Insurance
- Legal Benefit
- Critical Illness Insurance
- Accident Insurance
- Retirement and Savings Plan, including 401(k) plan with matching company contributions
- Worklife Solutions (EAP)
- Educational Assistance
- Hugh G. Ashcraft Foundation
- Associate VIC Card Discounts
Updated December 11, 2013
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