EXCLUSIVEBRANDSOURCING RETAILER/WHOLESALER ...

Principal Business: Ruddick Corp. NYSE: RDK), a holding company based in Charlotte, NC,
operates two wholly owned subsidiaries, Harris Teeter, a regional chain of 204 supermarkets (113
of them with pharmacies) in 8 Southeastern and Mid-Atlantic states plus D.C., and American &
Efird, a manufacturer of sewing thread and technical textiles. HT also operates Hunter Dairy, a
processor of private label milk, ice cream and juice, as well as supplies to outside customers.
Slightly over a month after closing this fiscal year, the thread manufacturing business was sold.
EB Identities: There are 15 private brand programs, including Harris Teeter, H.T. Traders (upscale
imported foods), Harris Teeter Naturals (natural and organic foods), Harris Teeter Ranger
(premium beef), Harris Teeter Reserve Angus Beef (fresh meat), Harris Teeter Fisherman’s
Market (seafood), Harris Teeter Farmer’s Market (produce), Premier Selection, Hunter Farms
(milk, juice products), Fresh Food Market,. Your Pet (dog and cat food), your tot, your baby,
yourhome (household products) and More Value (third-tier quality); Earthwise (wines exclusively
from Delicato Family Vineyard)
EB skus: 1,100+
Profile: On November 7, 2011, this company sold its ownership in the American and Efrid thread
manufacturing business to KPS Capital Partners LP; the company identity was changed to Harris
Teeter Supermarkets. Because of the economic uncertainties in the marketplace, Harris Teeter
slowed down its new store development, opening just seven new outlets, while closing two others.
This action put a brake on its rollout of a “superflagship” store concept, featuring some 55,000 to
70,000 square feet, allowing for the addition of in-store chefs, hot food bars, pizza and pasta
stations, house wares, etc. Overall, its stores range from 16,000 to 73,000 square feet (averaging
47,300 square feet). The company celebrated its 50th anniversary in February 2010. The year
ended with its net earnings off by 18.6% to $ 91.2 million. Overall, Ruddick produced net income
of $ 85.9 million, dropped by 11.3% versus the previous year.
Procurement Contacts: Andrew Groff, Director of Private Brands; Frank Schmitt, Director; Ed
Cook, Director of Private Brands; Billy Powell, Direct of Procurement; Andrew Groff, Director
Private Brands; Brent Bringhurst, VP
HERMES INTERNATIONAL
24, rue du fauboug, Saint-Honoré 75008, Paris, FRANCE
Tel: +33 1-40-17-49-20
Fax: +33 1-40-17-49-21
www.hermes.com
Total 2010 Sales: $3.2 Billion (£ 2.4 Billion) + 25.4%