Icon (Close Menu)

Logout

Harps Hints at More AcquisitionsLock Icon

1 min read

Is even more growth on the shelf for Harps Food Stores of Springdale?

A recent interview with CEO and Chairman Kim Eskew revealed that acquisitions are currently the retailer’s primary source of growth, and more may be in its future.

With baby boomers reaching retirement and children who have no desire to take over the family business, small grocery chains are electing to sell now more than ever.

“We’re always talking to somebody about buying their stores,” Eskew said. “There’s almost not a day that we’re not actively engaged in an acquisition right now.”

Eskew thinks eventually Harps could have 30 to 40 stores in Louisiana, but he says “it’ll just take some time for that to happen.”

Harps expanded into Louisiana and Mississippi in 2022.

Currently, the grocery chain operates 147 stores in six states. That footprint includes Arkansas, Oklahoma, Missouri and Kansas.

When Eskew took over as CEO in 2016, Harps had 82 locations.

Send this to a friend