Walmart picks up market share against Harris Teeter in Charlotte
March 25, 2021
Walmart accounted for 21.1 percent of grocery store purchases in the Charlotte, NC, market last year compared to Harris Teeter, which held a 16.5 percent of the market. The nation’s biggest retailer surpassed Harris Teeter, a company founded in the state and now owned by Kroger, as the top grocer in the Charlotte area back in 2011. Food Lion came in third with a 15.6 percent share of market.
Recent News
TikTok Suspends TikTok Lite Rewards Program in the EU
A TikTok service offering rewards such as gift vouchers for watching videos has been suspended by the social media site.
FCC Votes To Restore Net Neutrality Rules
The Federal Communications Commission (FCC) voted 3-2 on Thursday to reinstate net neutrality rules that were rolled back during the Trump administration.
Blackstone To Buy Tropical Smoothie Cafe
Alternative asset manager Blackstone is set to buy the restaurant chain Tropical Smoothie Cafe.
Ford’s Total EV Sales Post $1.3 Billion Loss in Q1
Ford’s EV division, known as Model e, faced a tough start to 2024.