Harris Teeter 2009 Annual Report Download - page 12

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8
warehousing space and refrigerated storage for perishable goods. In addition, the Greensboro facility has frozen
goods storage and a single pick facility for health and beauty care products and other general merchandise. Harris
Teeter operates its retail stores primarily from leased properties. As of September 27, 2009, Harris Teeter held
title to the land and buildings of four of its supermarkets. The remaining supermarkets are either leased in their
entirety or the building is owned and situated on leased land. In addition, Harris Teeter holds interest in properties
that are under development for store sites. Harris Teeter’s supermarkets range in size from approximately 16,000
square feet to 73,000 square feet, with an average size of approximately 47,300 square feet.
The following table sets forth selected statistics with respect to Harris Teeter stores for each of the last
three fiscal years:
2009 2008 2007
Stores Open at Period End . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 189 176 164
Average Weekly Net Sales Per Store* . . . . . . . . . . . . . . . . . . . . . . . $ 405,356 $ 414,101 $ 402,982
Average Square Footage Per Store at Period End . . . . . . . . . . . . . . 47,277 46,708 46,197
Average Square Footage Per New Store Opened
During Period ....................................... 51,698 48,330 51,737
Total Square Footage at Period End ......................... 8,935,271 8,220,583 7,576,302
* Computed on the basis of aggregate sales of stores open for a full year.
A&E’s principal offices, six domestic manufacturing plants and one distribution center are all owned by
A&E and are all located in North Carolina. Domestic manufacturing and related warehouse facilities have an
aggregate of approximately 1,537,000 square feet of floor space. A&E has a domestic dyeing production capacity
of approximately 27,000,000 pounds per year. Capacities are based on 168 hours of operations per week. In
addition, A&E leases three distribution centers strategically located in its domestic markets with an aggregate of
approximately 84,000 square feet of floor space.
Through consolidated subsidiaries, A&E also owns seven international manufacturing and/or distribution
facilities with an aggregate of approximately 799,000 square feet of floor space. A&E also leases another 19
international manufacturing and/or distribution facilities with an aggregate of approximately 427,000 square
feet of floor space. The foreign consolidated subsidiaries engaged in manufacturing have a dyeing production
capacity of approximately 22,480,000 pounds per year. Capacities are based on 168 hours of operations per
week. In addition to its consolidated subsidiaries, A&E also has minority interests in various joint ventures and
a 50% ownership interest in a joint venture in China.
The Company believes its facilities and those of its operating subsidiaries are adequate for its current
operations and expected growth for the foreseeable future.
Item 3. Legal Proceedings
The Company and its subsidiaries are involved in various legal matters from time to time in connection
with their operations, including various lawsuits and patent and environmental matters. These matters considered
in the aggregate have not had, nor does the Company expect them to have, a material effect on the Company’s
results of operations, financial position or cash flows.
Item 4. Submission of Matters to a Vote of Security Holders
Not applicable.