Thursday, July 16, 2009

Harris Teeter Still Coming To Maple Lawn, Developer's Agent Says

Harris Teeter still intends to open a store in Maple Lawn in October 2009, the developer' s agent told the Tale of Two Cities blog.

I had seen comments that Harris Teeter had pulled out of the Fulton development. The developer was telling Maple Lawn residents that the store will open on October 6, 2009, but HT's parent Ruddick Corp. had announced that it was reducing or delaying new store openings because of the economic climate.

Apparently, the October 2009 date is still on. (Update: Harris Teeter's customer service says the opening will be October 7, 2009.) It's weird because the store is ready to open. But there are some accounting and financial reporting reasons why public company executives might enjoy opening a store six days into their fiscal year.

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