Publix Super Markets, Inc.
News and overview for Publix Super Markets, Inc.
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Company Overview
| Company: | Publix Super Markets, Inc. |
|---|---|
| Industry: | Grocery Retail |
| Website: | http://www.publix.com |
Publix Super Markets tops the list of privately owned supermarket operators in the US. By emphasizing service and a family-friendly image over price, Publix has grown faster and been more profitable than Winn-Dixie Stores and other rivals. More than two-thirds of its 1,000 stores are in Florida, but it also operates in Alabama, Georgia, South Carolina, and Tennessee. Publix makes some of its own bakery, deli, and dairy goods, and many stores house pharmacies, and banks. The firm also operates liquor stores, convenience stores, and Crispers restaurants in Florida. Founder George Jenkins began offering stock to Publix employees in 1930. Employees own about 30% of Publix, which is still run by the Jenkins family.
Key Numbers
| Sales in U.S. Dollars (mil.) | 24,109.6 (2008) |
|---|---|
| One-year % Growth in Sales | 3.9 (2008) |
| Net Income in U.S. Dollars (mil.) | 1,089.8 (2008) |
| One-year % Growth in Net Income | -8.0 (2008) |
| Number of Employees | 144,000 (2008) |
| One-year % Growth in Number of Employees | 0.0 (2008) |
| Fiscal Year-End | December |