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Publix Super Markets, Inc., commonly known as Publix, is an employee-owned American supermarket chain headquartered in Lakeland, Florida. [ 1] 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. [ 5]
George W. Jenkins. George Washington Jenkins Jr. (September 29, 1907 – April 8, 1996) was an American businessman who founded Publix Super Markets. As of 2016, the employee-owned, privately held corporation included 1,100 stores in the Southeastern United States with 170,000 employees and sales of $32 billion. [ 1]
Lowes announced a $10 billion stock buyback [32] at the end of 2018 to begin in 2019, while trimming jobs. [ 33 ] For the fiscal year 2018, Lowe's reported earnings of US$2.314 billion, with an annual revenue of US$71.309 billion, an increase of 3.92% over the previous fiscal cycle.
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