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April 18, 2015 7:45 AM ET

Food and Staples Retailing

Company Overview of Publix Super Markets, Inc.

Company Overview

Publix Super Markets, Inc., together with its subsidiaries, operates retail food supermarkets. It provides various grocery products, including dairy, produce, deli, bakery, meat, and seafood; and health and beauty care, general merchandise, pharmacy, floral, and other products and services. As of March 10, 2015, the company operated 1,097 stores in 6 states of the United States. Publix Super Markets, Inc. was founded in 1921 and is based in Lakeland, Florida.

3300 Publix Corporate Parkway

Lakeland, FL 33811

United States

Founded in 1921

175,000 Employees

Phone:

863-688-1188

Key Executives for Publix Super Markets, Inc.

Chief Executive Officer, Director and Member of Executive Committee
Age: 63
Total Annual Compensation: $920.4K
President
Age: 52
Total Annual Compensation: $861.0K
Chief Financial Officer, Principal Accounting Officer and Treasurer
Age: 54
Total Annual Compensation: $845.4K
Chief Information Officer and Senior Vice President
Age: 50
Total Annual Compensation: $716.1K
Senior Vice President, General Counsel and Secretary
Age: 55
Total Annual Compensation: $581.3K
Compensation as of Fiscal Year 2014.

Publix Super Markets, Inc. Key Developments

Publix Super Markets, Inc. Approves Election of G. Thomas Hough as Directors

Publix Super Markets, Inc. at its annual meeting of stockholders held on April 14, 2015, approved the election of G. Thomas Hough as Directors.

Publix Super Markets Inc. Announces Opening of South End Location

Publix Super Markets Inc. has set a opening date for its South End location. The Lakeland, Fla., grocer says the 55,000-square-foot store at 2222 South Blvd. will open at 7 a.m. on April 18. It is in the Shops at Southline complex. This will be the first Publix in the South End and uptown corridor. The urban environment has resulted in some design differences, including parking below the store and elevator access. But the product offerings as well as the look and feel will be similar to those of other Publix stores in the region. The location allows Publix to serve an area of Charlotte that lacks a traditional supermarket. It also is near residential areas and the business community.

A Family in Alabama Sues Publix After Tree Nut Allergy Kills Boy

A family in Alabama is reported to have sued Publix Super Markets on charges their son, suffering from tree nut allergy, died after consuming a cookie that didn't list food allergens. Last June, 11-year-old Landon Wood died of anaphylactic shock after eating a mislabeled 'Chocolate Chew' cookie from a store in Clarksville, Tennessee. The death could have been avoided had Publix listed the ingredients on the bakery bag. Wood was in Clarksville along with his family to visit his aunt. At the bakery counter, there were no signs at or behind-the-counter about allergens. When the family returned home, Wood had few bites of the cookie and his mouth was burning, as per the lawsuit. Wood was given Benadryl and epinephrine was administered to his thigh, but his condition worsened. Wood's throat swelled on his way to Vanderbilt University Medical Center, where doctors failed to resuscitate him. The family is suing Publix for mental and emotional distress and suffering, as well as punitive damages. The lawsuit was filed in Tennessee Middle District Court in Nashville.

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Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
February 13, 2015
67,300-Square-Foot Shopping Center in FishHawk Ranch
Merger/Acquisition
December 28, 2014
The Shops at Lee Village
Merger/Acquisition
July 29, 2014
New Smyrna Regional and Forest Village
 

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