Skip to Main Content

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. About 65% of its 1,200-plus 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. Founder George Jenkins began offering stock to Publix employees in 1930; employees own around 45%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 and the remaining revenue came from other operations.

Geographic Reach

Lakeland, Florida-based Publix has more than 1,200 supermarkets in Florida (about 65% of total) and Georgia (about 15% of total), also, it has stores in Alabama, South Carolina, Tennessee, North Carolina, and Virginia.

It restocks store shelves from nearly ten distribution centers – more than five in Florida and in Georgia and Alabama. The grocer also operates half a dozen dairy, bakery, and deli facilities, located in Florida, Georgia and Atlanta.

Sales and Marketing

The company receives the food and nonfood products it distributes from many sources. These products are delivered to the supermarkets through the company's distribution centers or directly from the suppliers and are generally available in sufficient quantities to enable the company to satisfy its customers. Approximately 75% of the total cost of products purchased is delivered to the supermarkets through the company's distribution centers. Private label items are produced in the company's dairy, bakery and deli manufacturing facilities or are manufactured for the company by suppliers.

Advertising costs are expensed as incurred and were $245.4 million in 2019, $249.1 million in 2018 and $251.9 million in 2017, respectively.

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 nearly 18% since 2015. 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 2019, Publix reported revenue of $38.1 billion, up 6% from the prior year. This was primarily due to new supermarket sales and a 4% increase in comparable store sales. These comparable store sales increased primarily due to increased product costs.

Net income in 2019 was $3 billion compared with $2.4 billion in 2018. The increase in earnings was primarily due to an increase in investment income.

Cash at the end of 2019 was $763.4 million, an increase of $164.1 million from the prior year. Cash from operations contributed $4 billion to the coffers. Investing activities used $2.3 billion, mainly for investments and capital expenditures. Financing activities used another $1.6 billion, mostly for acquisition of common stock and dividends paid.

Strategy

Publix's growth strategy is based on investing in its stores and enhancing its customer service. Its core strategies include customer service, product quality, shopping environment, competitive pricing and convenient locations. The company has implemented several strategic business and technology initiatives as part of the execution of these core strategies.

The company opened 31 stores in 2019 which included five replacement supermarkets and 177 supermarkets were remodeled. Seven supermarkets were closed during the period. The replacement supermarkets that opened in 2019 replaced one supermarket closed in 2019 and four supermarkets closed in a previous period.

Publix expects its capital expenditures for 2020 to be approximately $1.6 billion, primarily related to new supermarkets, remodeling existing supermarkets, new or enhanced information technology hardware and software and the acquisition of shopping centers with the company as the anchor tenant.

Company Background

George Jenkins, former manager of the Piggly Wiggly grocery in Winter Haven, Florida, opened his own store, Publix, in 1930. The chain expanded organically and through acquisitions and included 100 stores by 1964. 

In 1991 Publix opened its first store outside Florida, in Georgia, as part of its plan to become a major player in the Southeast.

 

George Jenkins died in 1996, but Publix has continued to thrive as a family- and employee-owned company.

Publix Super Markets, Inc.

3300 Publix Corp Pkwy
Lakeland, FL 33811-3311
Phone: 1 (863) 688-1188

Firm Stats

Employer Type: Publicly Owned
Vice Chairman: Hoyt R. Barnett
Chairman: William E. Crenshaw
President, CEO, and Director: Randall T. Jones
Employees (This Location): 2,000
Employees (All Locations): 202,000

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
Arcadia, 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
Deerfield Beach, FL
De Land, 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
Lakeland, FL
Lake Mary, FL
Lake Placid, FL
Lake Wales, FL
Lakewood Ranch, FL
Lake Worth, 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
Monroe, FL
Mount Dora, FL
Mulberry, FL
Naples, FL
Navarre, FL
Neptune Beach, FL
Newberry, FL
New Port Richey, FL
New Smyrna Beach, 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
Palmetto, FL
Palm Harbor, FL
Palm Springs, FL
Panama City, FL
Panama City Beach, FL
Parkland, FL
Parrish, FL
Pembroke Pines, FL
Pensacola, FL
Pinecrest, FL
Pinellas Park, FL
Placida, FL
Plantation, FL
Plant City, FL
Pompano Beach, FL
Ponte Vedra, FL
Ponte Vedra Beach, FL
Port Charlotte, FL
Port Orange, FL
Port Richey, FL
Port Saint Lucie, FL
Port Wentworth, 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
Savannah, 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
Weston, FL
West Palm Beach, 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
Asheville, NC
Boone, NC
Cary, NC
Charlotte, NC
Cornelius, NC
Huntersville, NC
Matthews, NC
Statesville, NC
Weaverville, NC
Winston Salem, NC
Aiken, SC
Anderson, SC
Beaufort, SC
Bluffton, SC
Chapin, 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
Fredericksburg, VA
Glen Allen, VA
Henrico, VA
Midlothian, VA