Harris Teeter 1999 Annual Report Download - page 3

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Total Sales
In Billions of Dollars
Total sales for Harris Teeter grew by a
compound annual growth rate of 8%
over the past five years.
95 96 97 98 99
1.7 1.8 1.9 2.1 2.3
Average Weekly Sales
Per Store*
In Thousands of Dollars
*Computed on the basis of aggregate sales
of stores open for a full year
95 96 97 98 99
235 259 273 292 303
Average Square Footage
Per New Store Opened
In Thousands
Customer feedback and changes in
market conditions led Harris Teeter
to maintain a lower average new
store size in 1999.
95 96 97 98 99
47 58 50 46 47
Harris Teeter
Significant Events
Total Store Square Footage
In Millions
Harris Teeter’s store square footage
increased by 31% since 1995.
95 96 97 98 99
4.7 4.9 5.3 5.6 5.9
Stores by State
North Carolina Virginia
South Carolina Tennessee
Georgia Florida
HARRIS TEETER
105
22
9
6
3
• Acquired 10 Kroger
stores in North
Carolina and three
A&P stores in Georgia
• Sold 11 western
Virginia stores
• Opened first two
Florida stores in
Jacksonville
• Identified five sites in
the northern Virginia/
Washington D.C.
market and opened
the first store shortly
after year end
2