HARRIS TEETER BUDGETS FOR EXPANSION

CHARLOTTE, N.C. -- Harris Teeter has significantly increased its capital expenditure budget for fiscal 1996 as it prepares to enter a new market and build up its fresh foods presence in remodeled units.The company's plans were outlined at Ruddick Corp.'s annual meeting here. Ruddick is the parent company of Harris Teeter, the 139-store supermarket chain also based here.The retailer's strong performance

CHARLOTTE, N.C. -- Harris Teeter has significantly increased its capital expenditure budget for fiscal 1996 as it prepares to enter a new market and build up its fresh foods presence in remodeled units.

The company's plans were outlined at Ruddick Corp.'s annual meeting here. Ruddick is the parent company of Harris Teeter, the 139-store supermarket chain also based here.

The retailer's strong performance lately has been tied partly to its commitment to an aggressive remodeling

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