Publix Super Markets, Inc., commonly known as Publix, is an employee-owned, American supermarket chain headquartered in Lakeland, Florida. Founded in 1930 by George W. Jenkins, Publix is a private corporation that is wholly owned by present and past employees and members of the Jenkins family. Publix operates through the entire Southeastern United States, with locations in Florida (817), Georgia (189), Alabama (73), South Carolina (61), Tennessee (45), North Carolina (42), and Virginia (15).
Publix stands as one of the largest U.S. regional grocery chains. Locations are located as far north as Spotsylvania, Virginia, as far south as Key West, Florida, while the westernmost location is at Mobile, Alabama. Today, the state Florida continues to have the biggest variety of stores, with 787, about two-thirds of the outlets. As of August 2018, Publix hours employs about 193,000 people at its 1,231 retail locations, cooking schools, corporate offices, 9 grocery distribution centers, and 11 manufacturing facilities. The manufacturing facilities produce its dairy, deli, bakery, along with other food products.
Publix is ranked No. 47 on Fortune magazine’s set of 100 Best Companies to get results for 2018, down from No. 21 in 2017, and was ranked No. 7 on Forbes’ 2017 set of America’s Largest Private Companies and it is the greatest in Florida. Fortune ranked Publix #1 on their 2018 set of World’s Most Admired Companies in the Food & Pharmacies sector. The company’s 2017 sales totaled US$34.6 billion, with profits of $2.3 billion, ranking No. 88 on Fortune magazine’s Fortune 500 list of U.S. companies by revenue for 2017. In accordance with the National Retail Federation, based on 2016 revenue, Publix is definitely the fifteenth-largest U.S. retailer. Publix stock is simply readily available for purchase by eligible active employees and non-employee people in its Board of Directors.
The first Publix Super Market in Winter Haven, Florida, circa 1940. It is actually now a thrift store.
George Jenkins opened the very first Publix market in Winter Haven, Florida, on September 6, 1930 – a 27 ft by 65 ft building at 199 West Central Avenue. In 1934, that store made $120,000 in sales. In 1935, he opened another market, the Economy Food Store, also during winter Haven. Despite the Great Depression, his stores were financially successful.
In 1940, Jenkins, affectionately called “Mr. George” by his employees, mortgaged an orange grove to build Florida’s first supermarket. His “food palace” had piped-in music, air conditioning, cold cases for frozen and refrigerated items, in-store doughnut and flower shops, and electric-eye automatic doors. During The Second World War, material shortages prevented him from building additional stores. In 1945, Jenkins purchased the 19-store All American chain of food stores and converted them into Publix Super Markets.
In 1951, Publix moved its headquarters from Winter Haven to Lakeland, Florida, and built its first distribution warehouse there. At the same time, they began to close the All American stores, replacing these with Publix markets. In 1956, Publix achieved $50 million in sales, and $1 million in profit. In 1957, the donut shop in each store was expanded in to a full-service bakery.
Florida growth – A 1960s-design Publix Very Market shop marquee on Dade Path in Miami Seaside, Fl
By 1959, Publix was the prominent supermarket sequence in Central Fl, and usxwbf expansion to To the south Florida. In 1963, the company constructed a circulation middle in Miami, and began offering deli solutions. In 1970, sales exceeded $500 million; they achieved $1 billion dollars in 1974, when the chain widened to incorporate Jacksonville, Fl.
In 1982, the organization introduced the Presto! Atm machine system; it soon put in ATMs in each and every Publix. Sales exceeded $5 billion dollars in 1989. In 1983, Carol Jenkins Barnett joined the Publix Board of Directors and served because function until 2016. During her time at Publix, the organization increased to the largest supermarket chain in Florida, widened into five other claims, and captured $32.5 billion in sales in 2015.
A converted Albertsons location in South Tampa, Florida – ublix Super Markets bought 49 Florida stores from Albertsons. The offer was announced on June 9, 2008, and was completed on September 9, 2008. It included 15 locations in North Florida, 30 in Central Florida, and four in South Florida. The sale allowed Publix to operate four stores in a new market area for that company, Escambia County, Florida (the Pensacola area).
On February 5, 2009, Publix opened its 1,000th store in St. Augustine, Florida, allowing the company to become among only five U.S. grocery retailers to use that lots of stores. The St. Augustine store is among Publix’s first stores designed to be energy-efficient. The store includes motion sensor lights through the entire store, including on the freezer doors, as well as an overhead light system that can be controlled by each department