Publix : Principles Of Management And Leadership

2626 Words11 Pages
Salomon Libos
BUS 270
Mrs. Francis
30 April 2015
Publix - Principles of Management and Leadership
A General Overview
Publix is an employee-owned supermarket chain that is said to be the largest of its kind in the United States. Its operations span throughout the southeast region, with locations in Tennessee, Florida, Georgia, Alabama, North Carolina and South Carolina; with Florida having nearly half of the company’s operating base. George W Jerkins founded the corporation as an employee-owned private entity. The company has managed to create over 168,000 jobs in its numerous branches now totaling to a tune of 1098 stores. Moreover, it has invested in cooking schools and grocery distribution. The company’s turnover in the previous year, 2014, was 28.92 billion US dollars to 1.74 billion as its net profit ranking it to be the thirteenth largest private retail company in the United States (Forbes.com, 2014). Currently, the price of its stock share is around 39 US dollars per share capital. The company has managed to build a niche for itself competing with the likes of Costco, Whole Foods, BJ’s Wholesale Club, Sam’s Club and even Wal-Mart.
Diversity
In terms of diversity, Publix has managed to achieve this through its various ranges of goods and services offered by its operating bases. For instance, besides grocery products, the company also has departments that deal with liquor, drug stores and even sushi bars among many others. Among its umpteen services, is its “special
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