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Harris Teeter shareholders greenlight merger agreement with Kroger
Harris Teeter’s shareholders voted to approve the previously announced merger agreement among Harris Teeter, Hornet Acquisition and Kroger.
Approximately 98.6% of the votes cast were in favor of the agreement, representing approximately 82.5% of Harris Teeter’s outstanding common stock as of Aug. 22.
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Shop.org: Holiday online sales to jump 13%-15%
Washington, D.C. – The National Retail Federation’s Shop.org expects holiday sales to grow between 13%-15% from last holiday season to as much as $82 billion.
“Online and mobile continue to be a leading area of growth for retailers. In this economy savvy, cost-conscious consumers go to the web to do their research and get the best bang for their buck,” said NRF president and CEO Matthew Shay.