Kroger

Fresh Market
Leoneda Inge

There is a fresh food movement underway and the competition is getting tasty!

One of the most dominant and well-known fresh food grocery store brands in the country is Whole Foods.  It’s in the middle of building 1,000 new stores.

But it’s not the only trendy grocery store snapping up real estate in the Triangle.

Steve Schemm enjoys showing off The Fresh Market that opened just this month on University Drive in Durham, from the poinsettias near the front door to the meat market.

Kroger announced it is buying Harris Teeter.
Mike Kalasnik via Flickr, Creative Commons

Harris Teeter shareholders have approved a plan for Kroger to acquire the Matthews-based grocery chain.  Harris Teeter officials said in a statement that 83 percent of the votes cast by shareholders were in favor of the $2.5 billion merger agreement.   The acquisition by Ohio-based Kroger still has to be approved by federal regulators. 

Kroger announced it is buying Harris Teeter.
Mike Kalasnik via Flickr, Creative Commons

Two of the largest grocery store chains in North Carolina announced their merger Tuesday.  Kroger is buying North Carolina-based Harris Teeter in a deal worth $2.5 billion.  Kroger will also pay cash for all of Harris Teeter's outstanding shares for $49.38 per share.

Kroger CFO Mike Schlotman told investors today there are no plans to close any Harris Teeter supermarkets or remove the banner from buildings.