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Harp's Food Stores Snapshot
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.
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.
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.
