www.arkansasbusiness.com/article.aspx?aID=104270.79139. -
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Published on: 4/7/2008
Last Visited: 4/10/2008
"It's our intent to [open a store in Benton]," Senior Vice President Kim Eskew said, adding that unforeseeable factors could nullify the plan.The company does have a letter of intent, which states that if all the tests and research go well, then the project is a go, Eskew added.
The company is conducting environmental testing on a choice location on Highway 5 - more specifics unavailable - to make sure the site is suitable for a 31,500-SF grocery store.
Harp's doesn't have a timeline, but Eskew predicted that the opening would more likely be in 2009 than 2008.
The company doesn't seem to be intimidated by the concentration of grocers in Benton, namely Wal-Mart Supercenter and Kroger."We wouldn't put a store in if we didn't feel like there was sufficient sales potential there for it to be profitable," Eskew said.
Besides, with its company headquarters in Springdale, Harp's is painfully familiar with the Bentonville behemoth."We compete with Wal-Mart all over the place," Eskew said.