Find in the news:
BY COUNTRY

Record 2014 sales for Publix



Publix Super Markets Inc., have announced record sales of $30.6bn for 2014.

The grocer, based in Lakeland, released an annual report with details about an astounding 2014 and its plans to invest $1.3bn in new store and technology setup during 2015.  The group also detailed plans to continue its investments in real estate, by purchasing the centers where its stores are anchors.

The profits of the company increased by almost 5% during 2014, to reach $1.74bn, compared to $1.65bn during 2013.  Its stock price increased by 15.5% to $39.05 per share.  The stock is not traded publicly and shares are only available to members of the board of directors and company employees.

In a time when many grocers are struggling to survive as specialty stores steal market share, Publix has released impressive figures for a traditional supermarket.  The company is one of the biggest employers in the
Tampa Bay area.  Of its 175000 employees, 33000 form part of the area’s workforce.  

According to Tampa Bay Business Journal research, the amount of $30.6bn revenue is the highest annual amount ever recorded by a company within Tampa Bay.

The increase of comparable stores sales increased by more than 5% during 2014.  These figures measure sales at established stores and exclude sales growth from new stores.  Publix stated in its report that the increase in revenue was due to higher customer numbers and product cost inflation.

The planned 2015 investment amount of $1.3bn is much higher than during the past few years.  During 2014, the company had a budget of $875m, but its report stated that the actual capital expenditure was in excess of $1.3bn during last year.  During 2013, it spent $668.5m on capital expenditure.

The company opened 32 new stores during 2014, including 14 which were replacement stores, and it remodeled 138 stores.  By the end of last year, the company owned 1095 stores:

  • North Carolina – 6
  • Tennessee – 38
  • South Carolina – 51
  • Alabama – 58
  • Georgia – 182
  • Florida – 760

At the time, five stores were being constructed in Florida, four within North Carolina and two within South Carolina.

Related shopping malls and stores:

More about shopping malls in the USA



Jul 20, 2021, USA:
LVMH will acquire a controlling stake in Off-White, with its founder retaining 40%.
Jul 20, 2021, USA:
The iconic lingerie brand announced its intention to open three retail outlets with a new format this autumn.
Jul 19, 2021, Spain:
Amid the surge in the online retail model, Inditex is betting on a hybrid model that combines traditional stores and online ordering options.
Jul 14, 2021, United Kingdom:
The temporary For You House store will not sell any products - it will be a place for meetings and themed workshops.
Jul 13, 2021, USA:
The global chain of department stores will sell fashion brands aimed at a younger audience.
Jul 13, 2021, China:
Clothing and footwear retailer Shein has become the most prominent fast-fashion retailer in the U.S.
Friend
and Follow
Shopping City Süd GLA:1 862 156 SF
ADDRESS: Europaring 2334 Vösendorf
Austria . Vienna
Shopping City Süd
Hillcrest Mall GLA:585 758 SF
ADDRESS: 9350 Yonge St, Richmond Hill, ON L4C 5G2
Canada . Richmond
Hillcrest Mall
Forum Istanbul GLA:1 883 684 SF
ADDRESS: Kocatepe Mahallesi, Pasa Caddesi 34045 Bayrampasa
Turkey . Istanbul
Forum Istanbul
Mall of Qatar GLA:1 743 753 SF
Qatar . Doha
Mall of Qatar


Edit text

Dear visitor!
If You wish to add appropriate information to this description, please make changes in the text below and they will take effect after being verified by Malls.com administrator.

SAVE CHANGES
ADD PHOTO

Dear visitor!
If you desire to add more photos to this description, please upload them and they will appear on the page after being verified by Malls.com administrator.

CHOOSE PHOTOS
SAVE CHANGES
Sign in Malls.com
Sign in please, if you already have an account

Registration



Error filling
Error filling
Error filling
Error filling
Thank you!
You will receive e-mail with registration data shortly. In email you'll find link, confirm your account by clicking on it, please.

Malls.com Team
Thank you for message!
In the near future you will be contacted the manager
for further details.

Malls.com Team
Good mall, bro!
In the near future you will be contacted the manager
for further details.

Malls.com Team
We are dissatisfied with you :-(
In the near future you will be contacted the manager
for further details.

Malls.com Team

Write to us