Harris Teeter 2005 Annual Report Download - page 11
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7
Ruddick Corporation & Subsidiaries Annual Report 2005
As of the end of fiscal 2005 we operated
pharmacy departments in 64 of our 145 stores.
Adding pharmacy departments to existing locations
and incorporating them into new and remodeled
stores is another way we transform our business to
meet and exceed our customers’ expectations.
During fiscal 2006 we intend to continue with
an aggressive store expansion program. Our
current plans call for opening 19 new stores, which
include the six former Winn-Dixie locations, and
closing five stores for a net store addition of 14,
representing an increase in retail square footage of
approximately 12%. We also intend to remodel
nine supermarkets, four of which are expansions,
and open 16 additional pharmacies during 2006.
Our business will continue to be
intensely competitive and our programs are
designed to distinguish us from our competitors.
Our merchandising and store expansion
initiatives will continue to transform and improve
our operations. All this will result in continuing
to meet and exceed our customers’ expectations
and maintain our position as a leading
supermarket retailer.