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Reports: Analyst names Ahold as 'most logical' buyer of Harris Teeter
NEW YORK — Supermarket operator Ahold USA could be in a position to buy Matthews, N.C.-based supermarket chain Harris Teeter, according to published reports.
Citing remarks by BMO Capital Markets analyst Karen Short, the Wall Street Journal reported that Ahold, Publix Super Markets and Kroger Co. would be candidates for a purchase of Harris Teeter, with Ahold named as the most logical candidate due to an acquisitive nature and a desire to enter the southern United States.
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Giant Food announces Child Hunger Grants, 2012 contributions
LANDOVER, Md. — Giant Food, joined by Feeding America food bank leaders, held a press conference today to highlight the company's 2012 giving and announce Child Hunger Grants. Giant’s monetary and in-kind contributions exceeded $12 million, which was an increase from $8.3 million in 2011.