A Holding company, through its subsidiaries, is engaged in two businesses: Harris Teeter currently operates a regional chain of supermarkets in seven southeastern states and A&E manufactures and distributes thread and technical textiles on a global basis.
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Another case of buying the companies I shop with. Ruddick's Harris-Teeter arm is an upscale supermarket that's absolutely booming in the Southeast. Clean, attractive, well-lit stores that are a genuine pleasure to shop in, products that run the gamut from house-brand cans to super-premium meats and cheeses, and prices that keep them competitive. Room to grow here, and the smarts to pull it off.