Promotions Hit Q1 Profits at Harris Teeter

CHARLOTTE, N.C. — Continued promotional price investments contributed to a slight decline in operating profits, while deflation negatively impacted comparable-store sales during the fiscal first quarter at Harris Teeter, the retailer said Thursday.

CHARLOTTE, N.C. — Continued promotional price investments contributed to a slight decline in operating profits, while deflation negatively impacted comparable-store sales during the fiscal first quarter at Harris Teeter, the retailer said Thursday.

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