
Harris Teeter is owned by The Kroger Co. (NYSE: KR), which acquired the chain in 2013 for approximately $2.5 billion. Founded in 1936 in Charlotte, North Carolina, through the merger of the Harris and Teeter grocery businesses, Harris Teeter operates about 250 upscale supermarkets across seven Southeastern states and Washington, DC, positioned as Kroger's premium grocery banner.
Parent Company
Acquired
2013
Status
Publicly Traded
Headquarters
| Brand | Parent Company | Ownership Type |
|---|---|---|
| Harris Teeter | The Kroger Co. | Subsidiary |
Harris Teeter traces to two Depression-era North Carolina grocery businesses. William T. Harris, a former A&P employee, opened his first Charlotte store in 1936 with a focus on service and quality. Separately, Willis L. Teeter and his brother Paul ran Teeters Food Mart, which they had founded in 1939 in Mooresville. The two family businesses merged in 1960 to form Harris Teeter Supermarkets.
The merged chain cultivated an upscale identity unusual for its region: air-conditioned stores, butcher service, extensive perishables, and later 24-hour operations. It went public in 1969 and grew through the Carolinas and into Virginia, becoming the dominant premium grocer in markets like Charlotte, Raleigh, and Washington's suburbs.
Key features included its HT private label, the VIC (Very Important Customer) loyalty program launched in 1998, and ExpressLane online ordering, which was an early e-grocery service. Harris Teeter was among the first US grocers to emphasize perishables quality as a brand differentiator.
Kroger acquired the chain in July 2013 for $2.5 billion, attracted by its above-average margins and growth markets. Since then Harris Teeter has expanded carefully into new Southeastern markets, reaching about 250 stores across seven states plus DC as of 2026, and fully adopted Kroger's loyalty and private-label systems while keeping its premium positioning.
Is Kroger publicly traded?
Yes, Kroger is publicly traded on the New York Stock Exchange under the ticker symbol KR. The company went public in 1977 and is a component of the S&P 500 index. Shares are widely held by institutional investors, index funds, and retail shareholders.
Who founded Kroger?
Bernard Kroger founded the company in 1883 in Cincinnati, Ohio. His first store, called The Great Western Tea and Coffee Company, sold tea and coffee at lower prices than competitors. Kroger pioneered retail innovations including in-store bakeries, meat departments, and self-service shopping.
What happened to Kroger's CEO?
Rodney McMullen unexpectedly resigned as Chairman and CEO in March 2025. He had served as CEO since 2014 and as president since 2009. The board is conducting a deliberate search for an external successor with retail transformation experience. The company has not yet announced a permanent replacement.
What is Kroger's revenue?
Kroger reported revenue of $147.1 billion for fiscal year 2025, the year ended February 1, 2025. Q4 2025 revenue was $34.8 billion with EPS of $1.15, exceeding analyst expectations. The company generates revenue through grocery sales, pharmacy services, fuel centers, and digital commerce.
How many stores does Kroger operate?
Kroger operates over 2,700 stores across 35 states under multiple banners including Kroger, Ralphs, Fred Meyer, Harris Teeter, King Soopers, Dillons, and Smith's. The company plans to complete 30 major store projects in 2025, with new store openings expected to accelerate beyond 2025.
Did Kroger buy Albertsons?
No, the $24.6 billion acquisition of Albertsons was blocked by a federal judge in December 2023 on antitrust grounds. The companies abandoned the merger in December 2024. Albertsons subsequently sued Kroger for breach of contract. Kroger announced a $7.5 billion share repurchase program following the failed merger.
What is Kroger's relationship with Ocado?
Kroger partnered with Ocado Group in 2018 for automated fulfillment technology. In December 2025, Kroger modified the partnership, making a one-time payment to remove exclusivity agreements while maintaining five active fulfillment centers. A sixth facility in Phoenix is planned with "AutoFreezer" technology for automated freezer inventory management.
Harris Teeter has a relatively clean record. Its most visible controversies have been shared Kroger issues: the failed Albertsons merger cast a shadow over the portfolio, and local opposition arises periodically when new Harris Teeter stores displace existing development or when it closes underperforming sites.
Labor is mostly non-union in its right-to-work Southern footprint, drawing occasional UFCW organizing efforts and criticism. It shares industry-wide pressure on pricing amid inflation and on pharmacy staffing.
These competing brands operate in the same categories and provide similar products or services. Compare key attributes to understand market positioning and competitive landscape.
| Brand | Parent Company | Country | Founded | Market Position | Primary Market | Gender Target |
|---|---|---|---|---|---|---|
| Coles Group | Australia | 1914 | Mass market | Asia pacific | All Genders | |
| George Weston Limited | Canada | 1919 | Mass market | Canada | All-ages | |
| Empire Company | Canada | 1907 | Mass market | Canada | All Genders | |
| Woolworths Group | Australia | 1924 | Mass market | Australia | All-ages | |
| Kroger | USA | 1883 | Mass market | United states | All Genders | |
| Kroger | USA | 1873 | Mass market | United states | All Genders |
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Market Positioning: Harris Teeter competes with 6 brands in the same categories, ranging from mass market to luxury positioning.
Geographic Distribution: Competitors are headquartered across multiple regions, indicating global competition in this market segment.
Brand Heritage: Competitor brands range from established heritage brands to newer market entrants, with founding years spanning several decades.
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GreenWise is privately owned, unlike Harris Teeter which is under a publicly traded parent company.
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Premium hazelnut chocolate brand launched in 1982 by Ferrero Group, sold in over 170 countries. Known for gold-foil wrapped praline chocolates and gifting positioning.
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Food BeverageOwned by Ferrero
Better-for-you breakfast brand founded in 2009 in Boulder, Colorado, known for granola, oatmeal, and cereal with premium ingredients. Acquired by Ferrero Group in August 2026 for approximately $850 million.
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