Publix Super Market At Lake Juliana Photos (2024)

FAQs

Where is the oldest Publix located? ›

On Sept. 6, 1930, George Jenkins opened the first Publix location, known then as Publix Food Store, in Winter Haven, Florida. Today, that brick-and-mortar building is still standing, occupied by a restaurant called Tempo 1930.

Publix earned more on its $57 billion in sales last year than Kroger did with $150 billion in revenues. Sadly for investors, Publix isn't publicly traded. Its shares are owned by employees, directors and the founding Jenkins family. The company's market value is $50 billion, more than Kroger at $40 billion.

Publix Super Markets, Inc., commonly known as Publix, is an employee-owned American supermarket chain headquartered in Lakeland, Florida.

On Sept. 6, 1930, George Jenkins opened his first store, called Publix Food Store, in Winter Haven. In 1935, he opened a second location across town. He closed these first two stores to open his dream store, the first Publix Super Market, on Nov.

Publix is the largest employee-owned company in the U.S.; employees and former employees own an estimated 80% and Jenkins family members own the rest. George Jenkins (d. 1996) founded the company in 1930 after he left now-rival Piggly Wiggly; it now employs 250,000 people at its stores. Publix is chaired by William E.

We were founded in 1930 in Winter Haven, Florida, by George W. Jenkins. We are the largest employee-owned company in the United States. We are one of the 10 largest-volume supermarket chains in the country.

Employee Stock Purchase Plan

Associates become eligible to purchase Publix stock after one full year of continuous employment. With these three plans, it's not uncommon to hear about people who've retired from Publix as millionaires.

Publix pay FAQs

The highest-paying job at Publix is a Lead Software Engineer with a salary of $241,452 per year (estimate). The lowest-paying job at Publix is a Bagger with a salary of $29,759 per year (estimate). Publix employees attributed a compensation and benefits rating of 3.7/5 stars to their company.

Publix is well known for their super fresh produce, high-value store-brand products, and their big BOGO (buy-one, get-one) deals. The employee-owned grocery chain's tagline is “Where Shopping is a Pleasure” because it is quite literally enjoyable to step into any of their brightly lit and well-organized stores.

Publix's top competitors include Walmart, Carrefour, and CJ Express. Walmart (NYSE: WMT) is a multinational retail corporation. It operates as a chain of hypermarkets, discount department stores, and grocery stores.

Where is Publix's main headquarters? ›

Lakeland, FL

Publix / Headquarters

The largest stockholder is the company's Employee Stock Ownership Plan, which hold nearly 230 million shares valued at $10.4 billion.

Howard Jenkins: Family

Howard has two siblings, a brother named George W. Jenkins Jr. and a sister named Julie Jenkins Fancelli. The Jenkins family is among the richest in Florida and thirty-ninth richest in America, with a net worth of $8.8 billion in 2020 (according to Forbes).

Death and tributes

Jenkins died in 1996 at Lakeland Regional Medical Center and was buried in Oak Hill Burial Park in Lakeland. He left his wealth to the George M. Jenkins Fund (charity) and his family, which continues to control the company.

Operating profit, which measures the net income made only from a company's core business operations, provides a more accurate picture of actual changes in Publix's profitability. In 2023, the company recorded an operating profit of $4.47 billion, down from $4.76 billion in 2022.