Harps Food Stores, Inc.
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Harvard and Floy Harp founded Harps in 1930. They started the first store with $500 in cash that Harvard had saved while working in the citrus industry in California. The first store was Harps Cash Grocery and was located in Springdale, AR. In 2001, the Company did a leveraged buy-out with the Employee Stock Ownership Plan (ESOP) purchasing outstanding stock from the family and management. Since becoming employee-owned, the stock price has increased from $27 per share in 2001 to $445 per share at the end of fiscal 2018. Harps is the largest employee-owned company headquartered in Arkansas and the 30th largest in the United States. Mission: Our mission is to provide the best overall value to our customers building a reputation for competitive prices, product quality and freshness, friendly service, and cleanliness.
3.3
Overall Excellence Rating
Industry
RetailCategory
Grocery StoresESG/Ethical Impact
Harps Food Stores, Inc.’s impact on ESG factors encompasses a wide range of considerations, reflecting its commitment to ethical sourcing, community engagement, employee well-being, and sustainability within the grocery retail sector. The organization actively embraces innovation to reduce its environmental footprint, exploring eco-friendly packaging options, energy-efficient technologies, and sustainable practices in grocery retail operations to minimize its impact on the environment and promote sustainability within the food retail industry. Harps values open and transparent communication with its stakeholders, actively seeking feedback from customers, employees, and investors to shape its ESG strategies and continuously enhance its initiatives.
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Awards Received
2023
Revenues
$1,000,000,000.00
Website Traffic
Employee Rating
3.3
Customer Rating
3.5
Company Size
1000-5000
ESG Risk Rating
3