retail news in context, analysis with attitude

Harris Teeter is said to be exploring a possible sale of the company, along with other strategic options, according to a report from Reuters this morning, which says that the supermarket chain is being advised by JP Morgan. Harris Teeter is said to have a market capitalization of more than $1.8 billion.

The Reuters piece notes that regional chains often are at a disadvantage in competing with major chains, and suggests that Kroger, Ahold and Publix are among the companies that "are likely to take a look at Harris Teeter."
KC's View:
It would, in some ways, be a shame if Harris Teeter were sold to a bigger chain, if only because the industry is richer, more diverse and innovative for having companies like Harris Teeter around.

But there's change in the air, with the pace mergers and acquisitions seemingly about to pick up. But I'm not sure that the food retail industry is the better for it.