Living in the state of Florida, chances are you have heard of Publix. The chain of grocery stores, which is headquartered in Lakeland, Florida, is expanding an incredible rate of growth, adding stores across the country.
In 2018, Publix boasted an incredible $36.1 billion in revenue in its annual reports. This is a whopping 4.4% increase from the previous year.
Amazingly, this sales rate puts the Florida-based chain on par with national giants such as Nike. For a comparison, in its annual report for 2018, Nike reported revenues just over that of Publix’s revenues at $36.4 billion.