Ruddick Corp.’s Uncommon Thread

The list of companies running both a thread business and a retail food business is a short one. There's Ruddick Corp. and that's it. But the unusual combination (Ruddick is a holding corporation that runs the American & Efird industrial thread company and Harris Teeter as separate entities) has some benefits. Ruddick executives say the diverse arrangement benefits shareholders, by producing greater

The list of companies running both a thread business and a retail food business is a short one. There's Ruddick Corp. and … that's it.

But the unusual combination (Ruddick is a holding corporation that runs the American & Efird industrial thread company and Harris Teeter as separate entities) has some benefits. Ruddick executives say the diverse arrangement benefits shareholders, by producing greater risk-adjusted returns and diversity. The combination also provides each business

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