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.