Harris Teeter's 50 Years and Then Some
1936 W.T. Harris borrows $1,500 to open a grocery store in Charlotte. 1939 Willis L. Teeter and his brother, Paul, borrow $1,700 to open their first store in Mooresville, N.C. 1949 Harris, a pioneer in the development of the modern supermarket, relocates his original store to a new site three blocks away. The new store is the first in the area to offer air conditioning and late hours until 9 p.m.
March 8, 2010
1936
W.T. Harris borrows $1,500 to open a grocery store in Charlotte.
1939
Harris Teeter has long touted its store atmosphere.
Willis L. Teeter and his brother, Paul, borrow $1,700 to open their first store in Mooresville, N.C.
1949
Harris, a pioneer in the development of the modern supermarket, relocates his original store to a new site three blocks away. The new store is the first in the area to offer air conditioning and late hours — until 9 p.m. on Fridays. That site, at 1704 Central Ave., is still open today.
1958
Harris and Teeter combine buying and warehousing facilities.
1960
Harris Super Markets and Teeter's Food Stores officially merge under the Harris Teeter moniker. The companies, with 15 stores already in operation, open the first under the Harris Teeter name in Kannapolis, N.C.
1963
Company expands to 25 stores, purchasing five supermarkets from Tilman's Grocery, Shelby, N.C., and independent stores in Charlotte and Gastonia, N.C.
1969
Harris Teeter purchased by Ruddick Corp., a Charlotte-based holding company that also owns American & Efird, an industrial sewing thread business.
1970
Opens a discount format known as Big M, eventually expanding it to six locations.
1976
Big M discontinued, with stores converted back to Harris Teeter “More Value” brand.
1980
Overtakes A&P to become the market share leader in Charlotte; purchases Hunter Farms Dairy, its supplier of milk, ice cream and other dairy products.
1984
Ruddick purchases Food World, adding 52 stores and expanding Harris Teeter's geographic reach to central North Carolina and Virginia.
1988
Harris Teeter purchases 52 supermarkets operating under the Big Star name from Grand Union.
1990
Harris Teeter acquires a Borden dairy plant, expanding dairy operations.
1991
New warehouse facility in Greensboro, N.C., opens.
1997
Adds extension to its Indian Trail warehouse; introduces VIC loyalty card chainwide.
1998
Sales exceed $2 billion; Fred Morganthall named president of Harris Teeter.
1999
First Harris Teeter store in the Washington, D.C., metro area opens in Arlington, Va.; acquires 10 Kroger stores in Greensboro and Winston-Salem, N.C.
2000
Introduces H.T. Traders line of imported private-label items.
2001
Sells 27 stores — 15 in the Atlanta area and 12 in South Carolina — to competitors Kroger, Bi-Lo and Piggly Wiggly.
2002
Stuart Dickson and Alan Dickson announce plans to retire as officers of the company; rolls out Harris Teeter Rancher private-label beef.
2003
Begins rebranding perimeter departments, including Farmer's Market for produce and Fisherman's Market for seafood.
2004
Adds Reserve Angus Beef private label to meat.
2007
Expands to Delaware for the first time.
2008
Harris Teeter opens its first store in Washington in the historic Citadel building.
2009
Sales reach $3.8 billion.
2010
Celebrates its 50th anniversary. Plans to open its 200th store.
SOURCES: Company reports, groceteria.com, SN archives.
You May Also Like