Latest news with #GeorgeW.Jenkins
USA Today
07-07-2025
- Business
- USA Today
Publix Super Markets declares Q3 dividend of 11.05 cents per share, payable August 1
The board of directors for the Florida-based Publix Super Markets Inc. declared the third-quarter dividend on July 1 at 11.05 cents per share on its common stock, a company news release said. The dividend, the same as the second-quarter dividend paid on May 1, will be paid on Aug. 1 to stockholders of record as of the close of business on July 15. Stockholders receive the dividend either through direct deposit or by mail as a check. Who can buy Publix stock? Publix is a privately owned company, and its common stock is not publicly traded on a stock exchange. Only current workers and members of the Publix board can purchase Publix stock. The current stock price was set on May 1 at $20.20 per share. Who sets the Publix stock price? The board sets the company's stock price by comparing Publix's financial results and stock price to comparable peers that are publicly traded. In April 2022, the company enacted a 5-for-1 stock split, meaning for each share a stockholder had, they received four more. The price was adjusted from $68.80 to $13.76 per share. As of Feb. 4, about 247,000 Publix employees were common stockholders of record, according to Publix's annual 2024 Form 10-K report. A philosophy of employee ownership Publix was founded in 1930 in Winter Haven, Florida by George W. Jenkins, an innovator who believed in profit sharing and employee ownership with cashiers, baggers, butchers, deli clerks and bakers. Jenkins believed the issuance of stock was a means to motivate and empower his employees, who would then 'treat customers like royalty,' the Publix website said. Publix is one of the 10 largest-volume supermarket chains in the United States. Its retail sales in 2024 reached $59.7 billion. The grocer employs more than 260,000 people. Publix operates 1,411 store locations, 10 distribution centers and 10 manufacturing facilities across eight states in the Southeast.
Yahoo
08-05-2025
- Business
- Yahoo
Is Publix open on Mother's Day in Florida? Here are the days Publix closes
Sorry, mom. Publix, the largest grocery chain in Florida, is only closed for three days every year. Mother's Day isn't one of them. On the plus side, that gives you someplace to go for a last-minute flower run. Here's what to know. Publix is closed three days a year: Thanksgiving, Christmas and Easter. The stores also close early on Christmas Eve, New Year's Eve and on New Year's Day. Stores will post the hours before each holiday. "Since our founding, we have been closed on these three holidays in observance of the holiday and to allow our associates time with family and friends," the company said on its website. Mother's Day always falls on the second Sunday of May. This year, Mother's Day in the U.S. falls on Sunday, May 11. Publix stores usually are open from 7 a.m. to 10 p.m. daily, with some locations open an hour later. Check hours by location. Publix liquor stores typically are open from 10 a.m. to 9 p.m. daily. Check hours by location. Publix pharmacies usually are open from 9 a.m. to 9 p.m. Hours may vary by location. In case of a hurricane, Publix stores in the path of a storm will close or adjust hours as necessary for safety. After a storm, stores are opened as soon as possible, depending on power, damage and other factors. To check the status of Publix supermarkets, the company offers a special website. The chain, founded in Winter Haven in 1930 by George W. Jenkins, is the largest employee-owned company in the United States and has more locations in Florida than anywhere else. Here's the breakdown: Alabama (94 stores) Florida (878 stores) Georgia (219 stores) Kentucky (3 stores) North Carolina (56 stores) South Carolina (70 stores) Tennessee (59 stores) Virginia (24 stores) This article originally appeared on Sarasota Herald-Tribune: Publix and Mother's Day: When is the grocery store open in Florida?
Yahoo
07-05-2025
- Business
- Yahoo
How many Publix stores are there? A new one makes 10 in this part of Florida
Publix Supermarkets opened its 10th location in the greater Boca Raton area on Thursday, May 1. The Florida-based grocer opened its newest location in its home state at The Greens, a shopping center just north of Glades Road on State Road 7. The new 33,679-square-foot store includes a full-service deli counter, a produce department with more than 200 artisan cheeses, a made-from-scratch bakery, a meat department with ready-to-cook items, a full-service seafood department with fresh sushi, a wine department and a full-service pharmacy. Since the start of the year, 12 Publix locations have opened up, with five in Florida. There are another five stores set to open later this year. Ice cream! Publix releases new pint-size ice cream, new lactose-free flavors. Find out what they are How many Publix stores are there, and where are they? The supermarket chain has 1,403 stores in total. Here are the numbers by state: Florida: 878 stores Georgia: 219 stores Alabama: 94 stores South Carolina: 70 stores Tennessee: 59 stores North Carolina: 56 stores Virginia: 24 stores Kentucky: 3 store Florida without Publix? Here are 4 places where you won't see a Publix for miles and miles Where, when is the next Florida Publix location opening? According to Publix's website, another location is opening up on May 8 in Palm Beach Gardens. It will be located at 9900 Alternate A1A in the Promenade Shopping Plaza. Was Publix started in Florida? See its history, how it got its name Publix was founded in 1930 in Winter Haven by businessman George W. Jenkins. He adopted the name from a struggling New York-based movie theater company called Publix Theatres Corporation. "Publix offered services and value to customers, as well as features not seen around other grocery chains, such as air conditioning and automatic doors," its website says. Currently, it employs over 260,000 people and is the largest employee-owned company in the United States. See Publix timeline: 1930 : The first store opens in Winter Haven. Gross annual sales average $100,000 in the early years. 1940 : Jenkins opens a supermarket equipped with "innovations never seen before in a grocery store," including air conditioning, fluorescent lighting, electric-eye doors, frozen food cases, piped-in music, doughnut and flower shops, along with open dairy cases made to his specifications. 1951 : A 125,000 warehouse and headquarters are built in Lakeland. 1956 : Publix records its first million-dollar profit year. 1962 : Expansions continue, with 85 stores. 1969 : The number of stores increases to 150. 1970 : Publix records nearly $500 million in sales. 1978 : Publix grosses $2 billion annually. 1979 : Publix opens 15 new stores. 1980 : Publix introduces check-out scanning statewide. 1982 : An Orlando store pioneers the first Publix pharmacy. The number of stores hits 367. 1991 : Publix crosses the state line and opens the first store in Savannah, Georgia. 1993 : The first store opens in South Carolina. 2002 : Publix opens its first stores in Tennessee. 2005 : Sales surpass $20 billion. 2007 : Publix begins the free oral antibiotic program. 2009 : Publix opens its 1,000th store. 2012 : Publix expands into North Carolina. 2024: First store in Kentucky. Contributing: Cheryl McCloud, USA TODAY NETWORK - Florida This article originally appeared on Palm Beach Post: Publix has over 1,400 locations in total. How many are in Florida?
