Is Publix Owned by Kroger?

Is Publix Owned by Kroger?

Kroger is one of the largest supermarket chains in the USA and it also owns other store brands. So, many people wonder if Kroger might own Publix. However, that’s not true. Kroger doesn’t own Publix. Both Kroger and Publix are separately owned independent grocery stores that conduct business within the United States. Publix has more than 1,200 store locations across the USA while Kroger has more than 2,800 store locations across the USA.

Company Overview: Publix

Founded on September 6, 1930, by George W. Jenkins, Publix is one of the oldest supermarket chains in the USA. Publix Super Markets, Inc. is mostly known as Publix is a private corporation and it is owned by employees, board members, and the family members of the Jenkins family. Basically, Publix is an employee-owned company and is headquartered in Lakeland, Florida. In fact, Publix is the largest employee-owned company in the United States. All the stores of Publix are located in the Southeast of the USA where Florida has the most number of stores (853.) As of June, 2022, Publix has more than 225,000 employees in 1294 store locations.

Company Information

Company NamePublix Super Markets, Inc.
CountryThe U.S.
HeadquartersLakeland, Florida
IndustryRetail
Address3300 Publix Corporate Pkwy Lakeland, FL
Company TypePrivate, employee-owned
TickerN/A
Revenues ($B)$40.1 billion
Market Value ($B)$25.71 billion
Employees225,000

List of Companies Owned by Kroger

  • Baker’s
  • King Soopers
  • Fred Meyer
  • City Market
  • Gerbes
  • Dillons
  • Fry’s
  • Metro Market
  • Foods Co
  • Mariano’s
  • Food 4 Less
  • Ralphs
  • Pay-Less Supermarket
  • Ruler
  • Pick’n Save
  • Smith’s Food and Drug
  • QFC       

List of Companies Owned by Publix

  • PSM Island Crossing, LLC
  • PSM Cottonwood Corners, LLC
  • PSM Kings Plaza, LLC
  • PSM Westway, LLC
  • PSM Lost Mountain Crossing, LLC
  • Morning Song, LLC
  • PSM Corner Lakes Plaza, LLC
  • Terrace Ridge Acquisition Company, LLC
  • Real Sub, LLC
  • PSM Paces Ferry Center, LLC
  • Deltona Partners LLC
  • PSM SC Acquisition Company, LLC
  • PSM Lakewood Walk, LLC
  • Publix North Carolina LLC
  • Publix Super Markets Charities, Inc.
  • Publix Super Markets Inc.
  • Publix Super Markets Inc.
  • Publix Super Markets, Inc.
  • PSM Bee Ridge, LLC
  • Publix North Carolina Employee Services, LLC
  • Publix North Carolina Employee Services LLC
  • PSM Carillon Town Center, LLC
  • PSM Mariner Commons, LLC

Is Kroger Bigger than Publix?

Yes, Kroger is a bigger company than Publix. Kroger has more than 2800 stores in the USA while Publix only has 1200 stores across the USA. Moreover, Kroger is also bigger than Publix in terms of revenue, and employees. Last year Kroger earned over $122 billion in revenue whereas Publix’s revenue was only $38.1 billion. Moreover, Kroger has more than 465,000 employees while Publix has only 227,000 employees. So, Kroger is twice the size of Publix.

Reasons Why Kroger Can’t buy Publix?

The main reason Kroger can’t buy Publix is the different business operations. Kroger is a public company while Publix is an employee-owned company. It means the employees are the owner of this company. Moreover, Publix is more customer and employee-oriented. So, if Kroger wants to buy Publix then first Publix has to change its business structure. Moreover, Kroger hasn’t shown any interest to buy Publix. Also, Publix is generating a handsome amount of profit and it has no financial problem selling the company.

Types of Products available at Publix

Publix has a huge selection of products. Below is a list of products that you can buy at Publix

  • Pet Supplies
  • Deli
  • Bakery
  • Meat
  • Health products
  • Produce
  • Seafood
  • Floral
  • Home goods
  • Beer & Wine
  • Paper & Plastic household items
  • Liquor
  • Nutritional products
  • Tobacco
  • Plant-based products
  • Greeting cards
  • Gift Bags
  • Balloons
  • Wrapping paper
  • Frozen foods
  • Dairy items
  • Baby food
  • Baby products
  • Personal care
  • Pharmacy services
  • Hygiene items
  • Movies
  • Books
  • DVDs
  • Automotive items
  • Cleaning products
  • Meal Kits, etc.

State Wise Publix Total Stores

Name of the StateTotal Store Number
Florida832
Georgia194
Alabama82
South Carolina64
Tennessee52
North Carolina51
Virginia19

FAQs about Is Publix Owned by Kroger

Are Kroger and Publix owned by the same company?

No, Kroger and Publix aren’t owned by the same company. Kroger is a public company while Publix is a privately owned company. Publix is owned by the Publix employees and the Jenkins family. On the other hand, Kroger is owned by Berkshire Hathaway.

Can you use Kroger gift cards at Publix?

No, there is no way you can use the Kroger card at Publix. Both Kroger and Publix are different companies so the Kroger card won’t be supported at Publix.

Is Kroger Better Than Publix?

If you compare the price of the products then Kroger is much cheaper than Publix. Publix is more expensive than other supermarkets. However, Publix offers better customer service compared to other superstores.

Who makes Publix brand products?

Usually, the Publix brand products are made by leading national manufacturers and brands. Almost all products are “private label” which means they are made from 3rd party companies.

References:

https://www.kroger.com/i/kroger-family-of-companies
https://www.cnbc.com/2021/11/04/kroger-is-taking-on-publix-in-florida-without-opening-a-single-grocery-store.html

Last Updated on August 7, 2022 by Ana S. Sutterfield

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