Ruddick Corporation is a holding company that through its wholly owned subsidiaries, is engaged in two businesses: Harris Teeter, Inc. (Harris Teeter), which operates a regional chain of supermarkets in eight states in the southeastern and mid-Atlantic United States, including the District of Columbia, and American & Efird, Inc. (A&E) manufactures and distributes industrial sewing thread, embroidery thread and technical textiles on a global basis. A&E is a global manufacturer and distributor of sewing thread for the apparel and other markets, embroidery thread and technical textiles. During the fiscal year ended October 3, 2010 (fiscal 2010), Harris Teeter opened 13 new stores and closed three stores for a net of 10 additional stores. In November 2011, it sold American & Efird business to KPS Capital Partners, LP.
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