MATTHEWS, N.C. — Channel 9 has uncovered new documents that shed insight on how Harris Teeter and its employees would be impacted by the merger with Kroger.
Channel 9 went through Security and Exchange Commission filings from the Matthews-based chain.
The filings are a list of frequently asked questions between the employees and the company.
The memo outlines for workers why Harris Teeter is selling now.
The company said it is in a competitive environment and needs more financial investment to compete with companies like Walmart.
Another big question was job security. Harris Teeter said it doesn't anticipate any management or staff cuts.
The grocery chain said there isn't much store overlap with Kroger so it doesn't think many locations, if any, will be forced to close.
It said they won't know for sure until an antitrust review is held before the sale is approved.
Kroger employees are members of the union, but Harris Teeter said it intends to be union free after the merger.
The deal has Kroger buying up Harris Teeter for $2.5 billion.
The merged company would operate more than 2,600 grocery stores across 34 states.
Kroger said the headquarters will remain in Matthews.
WSOC
/cloudfront-us-east-1.images.arcpublishing.com/cmg/LH3JSJEF3VBLRJLJQESEAG34AM.png)
