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Business
10:54 am
Tue July 9, 2013

Kroger Buys Harris Teeter

Harris Teeter at the Cotswold Mall, Charlotte, N.C.
Credit daysofthundr46 / Flickr

Harris Teeter has finally found a buyer, and it's a big one. Kroger - the largest U.S. grocery store chain - is spending about $2.5 billion to buy the Matthews-based company. 

But don't expect a name change at your local stores. Kroger says it will continue to operate the Harris Teeter brand. 

Harris Teeter has been searching for a buyer for several months, and its CEO said in a press release the company is excited to become a part of Kroger. 

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