About Publix Super Markets, Inc.

Publix Super Markets tops the list of privately owned grocery operators in the US. By emphasizing service and a family-friendly image over price, Publix has outgrown and outperformed its regional rivals. Some two-thirds of its nearly 1,200 stores are in Florida, but it also operates in half a dozen other southeastern states. Publix makes some of its own bakery, deli, dairy goods, and fresh prepared foods at its own manufacturing plants in Florida and Georgia. Many stores also house pharmacies and banks. Founder George Jenkins began offering stock to Publix employees in 1930; employees own more than a quarter of the company.

Operations

Publix stores sell grocery products (dairy, produce, deli, baker, meat, and seafood), health and beauty care products, general merchandise, pharmacy products, flowers, and other products and services. Grocery activities account for some 85% of sales.

Geographic Reach

Publix has nearly 1,200 supermarkets in Florida (about two-thirds of total) and Georgia (more than 15% of total), as well as Alabama, South Carolina, Tennessee, North Carolina, and Virginia.

It restocks store shelves from nine distribution centers -- seven in Florida and one each in Georgia and Alabama. The grocer also operates half a dozen dairy, bakery, and deli facilities, four in Florida and two in Georgia.

Financial Performance

Publix has shown solid sales growth over the past five years as it continues to expand and open new stores across the Southeast. Its revenue has risen some 20% since 2013. With profit margins higher than many (if not all) of its grocery competitors, the company has also seen increases in its net income in recent years.

In 2017 Publix reported revenue of $34.8 billion, up about 1.5% from the prior year. New store openings powered the growth, along with a 1.7% increase in comparable-store sales, which was helped by customers' stocking up and replenishing before and after Hurricane Irma hit Florida. This was more than enough to offset an additional week of operation in 2016, which was a 53-week fiscal year.

As the dominant grocer in its primary market, Florida, Publix regularly reports net profit margins of between 5.5%-6%, much higher than other super market chains (Kroger, for example, is in the 1.5%-2% range). In 2017 it had net earnings of $2.3 billion, up from $2 billion in 2016. In addition to the increased revenue, net earnings were boosted some $224 million by the Tax Cut and Jobs Act of 2017.

Cash at the end of 2017 was $580 million, an increase of about $140 million from the prior year. Cash from operations contributed $3.6 billion to the coffers, while investing and financing activities used some $3.45 million, mainly for expenditures used in new and remodeled stores and for dividends and stock buybacks.

Strategy

Publix's growth strategy is based on investing in its stores and enhancing its customer service.

It plans to spend more than $1.5 billion in 2018 to open new stores, remodel existing stores, and increase ownership of its store portfolio. The company opened 44 stores in 2017, including its first locations in Virginia. At year's end it had about 35 stores under construction. In addition, Publix remodeled more than 130 locations in 2017. It also continues to invest in its real estate portfolio. At the end of 2017, the company owned nearly a third of its stores, up from 29% in 2016 and 11% in 2007.

Publix is also focused on keeping up with customer demand for delivery and other advanced services. It began working with grocery delivery firm Instacart in 2016 and currently offers home delivery in more than 90% of its operating area. The company is also testing curbside pickup and its online ordering platform has been expanded with smokehouse meats, fried chicken, and other items. It has also enhanced its pharmacy offerings through a partnership with BayCare Health System and serves pharmacy patients with new web and mobile applications.

Lastly, Publix has announced plans to relaunch its GreenWise Market concept in select locations in 2018. GreenWise Market targets the health-conscious consumer with specialty, natural, and organic selections.

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Company News and Press Releases

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Publix Super Markets, Inc.

3300 Publix Corporate Pkwy
Lakeland, FL 33811-3311
Phone: 1 (863) 688-1188
Fax: 1 (863) 680-5221

Stats

  • Employer Type: Public
  • President, CEO, and Director: Randall T. Jones
  • Chairman: William E. Crenshaw
  • President, CEO, and Director: Randall T. Jones
  • 2016 Employees: 191,000

Major Office Locations

  • Lakeland, FL

Other Locations

  • Alabaster, AL
  • Athens, AL
  • Auburn, AL
  • Bessemer, AL
  • Birmingham, AL
  • Calera, AL
  • Chelsea, AL
  • Daphne, AL
  • Decatur, AL
  • Dothan, AL
  • Enterprise, AL
  • Fairhope, AL
  • Gardendale, AL
  • Gulf Shores, AL
  • Guntersville, AL
  • Harvest, AL
  • Helena, AL
  • Homewood, AL
  • Hoover, AL
  • Hueytown, AL
  • Huntsville, AL
  • Irondale, AL
  • Madison, AL
  • Meridianville, AL
  • Mobile, AL
  • Montgomery, AL
  • Moody, AL
  • Mountain Brk, AL
  • Northport, AL
  • Orange Beach, AL
  • Owens Cross Roads, AL
  • Oxford, AL
  • Pelham, AL
  • Pell City, AL
  • Phenix City, AL
  • Pinson, AL
  • Prattville, AL
  • Rainbow City, AL
  • Spanish Fort, AL
  • Trussville, AL
  • Tuscaloosa, AL
  • Vestavia Hills, AL
  • Altamonte Springs, FL
  • Apollo Beach, FL
  • Apopka, FL
  • Auburndale, FL
  • Ave Maria, FL
  • Bartow, FL
  • Belleview, FL
  • Boca Raton, FL
  • Bonita Springs, FL
  • Boynton Beach, FL
  • Bradenton, FL
  • Brandon, FL
  • Brooksville, FL
  • Cape Coral, FL
  • Casselberry, FL
  • Champions Gate, FL
  • Clearwater, FL
  • Clermont, FL
  • Cocoa, FL
  • Cocoa Beach, FL
  • Coconut Creek, FL
  • Cooper City, FL
  • Coral Gables, FL
  • Coral Springs, FL
  • Crestview, FL
  • Crystal River, FL
  • Cutler Bay, FL
  • Dade City, FL
  • Dania, FL
  • Davenport, FL
  • Davie, FL
  • Daytona Beach, FL
  • De Land, FL
  • Deerfield Beach, FL
  • Delray Beach, FL
  • Deltona, FL
  • Destin, FL
  • Doral, FL
  • Dunedin, FL
  • Edgewater, FL
  • Englewood, FL
  • Estero, FL
  • Eustis, FL
  • Fernandina Beach, FL
  • Flagler Beach, FL
  • Fleming Island, FL
  • Fort Lauderdale, FL
  • Fort Myers, FL
  • Fort Myers Beach, FL
  • Fort Pierce, FL
  • Fort Walton Beach, FL
  • Gainesville, FL
  • Greenacres, FL
  • Groveland, FL
  • Gulf Breeze, FL
  • Haines City, FL
  • Hallandale Beach, FL
  • Hernando, FL
  • Hialeah, FL
  • Hobe Sound, FL
  • Holiday, FL
  • Hollywood, FL
  • Holmes Beach, FL
  • Homestead, FL
  • Homosassa, FL
  • Hudson, FL
  • Indian Harbour Beach, FL
  • Inverness, FL
  • Jacksonville, FL
  • Jacksonville Beach, FL
  • Jensen Beach, FL
  • Jupiter, FL
  • Key Largo, FL
  • Key West, FL
  • Kissimmee, FL
  • Lady Lake, FL
  • Lake City, FL
  • Lake Mary, FL
  • Lake Placid, FL
  • Lake Wales, FL
  • Lake Worth, FL
  • Lakewood Ranch, FL
  • Land O Lakes, FL
  • Lantana, FL
  • Largo, FL
  • Laud By Sea, FL
  • Lauderhill, FL
  • Leesburg, FL
  • Lehigh Acres, FL
  • Lighthouse Point, FL
  • Lithia, FL
  • Live Oak, FL
  • Longwood, FL
  • Loxahatchee, FL
  • Lutz, FL
  • Lynn Haven, FL
  • Maitland, FL
  • Marathon, FL
  • Marco Island, FL
  • Margate, FL
  • Melbourne, FL
  • Melbourne Beach, FL
  • Merritt Island, FL
  • Miami, FL
  • Miami Beach, FL
  • Miami Lakes, FL
  • Miami Shores, FL
  • Middleburg, FL
  • Miramar, FL
  • Mount Dora, FL
  • Mulberry, FL
  • Naples, FL
  • Navarre, FL
  • Neptune Beach, FL
  • New Port Richey, FL
  • New Smyrna Beach, FL
  • Newberry, FL
  • Nokomis, FL
  • North Fort Myers, FL
  • North Lauderdale, FL
  • North Miami, FL
  • North Palm Beach, FL
  • North Port, FL
  • Oakland Park, FL
  • Ocala, FL
  • Ocoee, FL
  • Okeechobee, FL
  • Orange City, FL
  • Orange Park, FL
  • Orlando, FL
  • Ormond Beach, FL
  • Oviedo, FL
  • Pace, FL
  • Palatka, FL
  • Palm Bay, FL
  • Palm Beach, FL
  • Palm Beach Gardens, FL
  • Palm City, FL
  • Palm Coast, FL
  • Palm Harbor, FL
  • Palm Springs, FL
  • Palmetto, FL
  • Panama City, FL
  • Panama City Beach, FL
  • Parkland, FL
  • Parrish, FL
  • Pembroke Pines, FL
  • Pensacola, FL
  • Pinecrest, FL
  • Pinellas Park, FL
  • Placida, FL
  • Plant City, FL
  • Plantation, FL
  • Pompano Beach, FL
  • Ponte Vedra, FL
  • Ponte Vedra Beach, FL
  • Port Charlotte, FL
  • Port Orange, FL
  • Port Richey, FL
  • Port Saint Lucie, FL
  • Punta Gorda, FL
  • Riverview, FL
  • Riviera Beach, FL
  • Rockledge, FL
  • Roseland, FL
  • Royal Palm Beach, FL
  • Saint Augustine, FL
  • Saint Cloud, FL
  • Saint Johns, FL
  • Saint Petersburg, FL
  • Sanford, FL
  • Santa Rosa Beach, FL
  • Sarasota, FL
  • Satellite Beach, FL
  • Sebastian, FL
  • Seffner, FL
  • Seminole, FL
  • South Daytona, FL
  • South Pasadena, FL
  • Spring Hill, FL
  • St Pete Beach, FL
  • Stuart, FL
  • Sun City Center, FL
  • Sunny Isles Beach, FL
  • Sunrise, FL
  • Surfside, FL
  • Tallahassee, FL
  • Tamarac, FL
  • Tampa, FL
  • Tarpon Springs, FL
  • Tavares, FL
  • Temple Terrace, FL
  • Tequesta, FL
  • The Villages, FL
  • Titusville, FL
  • Treasure Island, FL
  • Trinity, FL
  • Valrico, FL
  • Venice, FL
  • Vero Beach, FL
  • Weeki Wachee, FL
  • Wellington, FL
  • Wesley Chapel, FL
  • West Miami, FL
  • West Palm Beach, FL
  • Weston, FL
  • Wilton Manors, FL
  • Windermere, FL
  • Winter Garden, FL
  • Winter Haven, FL
  • Winter Park, FL
  • Winter Springs, FL
  • Yulee, FL
  • Zephyrhills, FL
  • Acworth, GA
  • Albany, GA
  • Alpharetta, GA
  • Athens, GA
  • Atlanta, GA
  • Augusta, GA
  • Braselton, GA
  • Brookhaven, GA
  • Brunswick, GA
  • Buford, GA
  • Byron, GA
  • Canton, GA
  • Carrollton, GA
  • Cartersville, GA
  • Columbus, GA
  • Conyers, GA
  • Covington, GA
  • Cumming, GA
  • Dacula, GA
  • Dallas, GA
  • Decatur, GA
  • Douglasville, GA
  • Duluth, GA
  • Evans, GA
  • Fairburn, GA
  • Fayetteville, GA
  • Flowery Branch, GA
  • Gainesville, GA
  • Greensboro, GA
  • Hiram, GA
  • Hoschton, GA
  • Kathleen, GA
  • Kennesaw, GA
  • Kingsland, GA
  • Lagrange, GA
  • Lawrenceville, GA
  • Leesburg, GA
  • Lilburn, GA
  • Lithia Springs, GA
  • Lithonia, GA
  • Locust Grove, GA
  • Loganville, GA
  • Mableton, GA
  • Macon, GA
  • Marietta, GA
  • Martinez, GA
  • Mcdonough, GA
  • Morrow, GA
  • Moultrie, GA
  • Newnan, GA
  • Norcross, GA
  • Peachtree City, GA
  • Perry, GA
  • Powder Springs, GA
  • Richmond Hill, GA
  • Rome, GA
  • Roswell, GA
  • Savannah, GA
  • Smyrna, GA
  • Snellville, GA
  • Stockbridge, GA
  • Stone Mountain, GA
  • Sugar Hill, GA
  • Suwanee, GA
  • Thomasville, GA
  • Tifton, GA
  • Tucker, GA
  • Tyrone, GA
  • Valdosta, GA
  • Villa Rica, GA
  • Watkinsville, GA
  • Winder, GA
  • Woodstock, GA
  • Boone, NC
  • Cary, NC
  • Charlotte, NC
  • Cornelius, NC
  • Matthews, NC
  • Statesville, NC
  • Weaverville, NC
  • Winston Salem, NC
  • Aiken, SC
  • Anderson, SC
  • Beaufort, SC
  • Bluffton, SC
  • Charleston, SC
  • Columbia, SC
  • Daniel Island, SC
  • Duncan, SC
  • Easley, SC
  • Fort Mill, SC
  • Goose Creek, SC
  • Greenville, SC
  • Greer, SC
  • Hardeeville, SC
  • Hilton Head Island, SC
  • Johns Island, SC
  • Lexington, SC
  • Mauldin, SC
  • Mount Pleasant, SC
  • North Augusta, SC
  • North Charleston, SC
  • North Myrtle Beach, SC
  • Rock Hill, SC
  • Simpsonville, SC
  • Spartanburg, SC
  • Summerville, SC
  • Taylors, SC
  • Antioch, TN
  • Brentwood, TN
  • Chattanooga, TN
  • Clarksville, TN
  • Cleveland, TN
  • Concord, TN
  • Franklin, TN
  • Gallatin, TN
  • Goodlettsville, TN
  • Hermitage, TN
  • Hixson, TN
  • Knoxville, TN
  • Lebanon, TN
  • Mount Juliet, TN
  • Murfreesboro, TN
  • Nashville, TN
  • Nolensville, TN
  • Ooltewah, TN
  • Pigeon Forge, TN
  • Smyrna, TN
  • Spring Hill, TN
  • Colonial Heights, VA
  • Glen Allen, VA
  • Henrico, VA
  • Midlothian, VA
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