Harris Teeter 1999 Annual Report Download - page 5

Download and view the complete annual report

Please find page 5 of the 1999 Harris Teeter annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 22

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22

1
1999 Annual Report
RUDDICK CORPORATION is a holding company which operates two
wholly owned subsidiaries – Harris Teeter, a leading regional supermarket chain, and
American & Efird, one of the world’s largest manufacturers and distributors of sewing
thread for industrial and consumer markets.
HARRIS TEETER
• Premium chain. Considered one of the premium regional supermarket
chains in the U.S.
• Growth in profits. Operating productivity initiatives support continuing
improvement in margins
• Exceptional quality and service. Known for exceptional product quality
and variety, and superior customer service
• 147 stores. Operates 147 stores in six states across the Southeast
• 16,425 associates. High participation in our ESOP means our employees are
highly motivated
• Steady expansion. In-market store development and new geographic expan-
sion fuel accelerating growth
AMERICAN & EFIRD
• Market leadership. A leading industrial thread company in the U.S. and
second largest in the world
• Product diversification. Manufactures thread used in apparel and non-
apparel products, including automotive materials, home furnishings, medical
supplies and footwear
• Global distribution.Worldwide facilities in the U.S., Mexico, Canada, China
and a number of other countries in the Caribbean Basin, Asia and Europe
• 3,350 associates. High participation in our ESOP means our employees are
highly motivated
• Highly profitable operations. Productivity enhancements and capital
improvements expand profitability even in changing sales and manufacturing
environments