Harris Teeter Comps Down in Q1

Harris Teeter is feeling the chill of the slowing economy. Shoppers made fewer discretionary purchases and traded down to lower-priced store-brand items, leading to a 2.1% decline in comparable-store sales during the fiscal first quarter, which ended Dec. 28, the retailer said last week. We, like everyone else, are facing unprecedented economic uncertainty, tumultuous market conditions,

CHARLOTTE, N.C. — Harris Teeter is feeling the chill of the slowing economy.

Shoppers made fewer discretionary purchases and traded down to lower-priced store-brand items, leading to a 2.1% decline in comparable-store sales during the fiscal first quarter, which ended Dec. 28, the retailer said last week.

“We, like everyone else, are facing unprecedented economic uncertainty, tumultuous market conditions, and a decreasing level of consumer confidence, resulting in reduc

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