The Supermarket That Turned Cashiers Into Millionaires

1 month ago 22

The Hustle

Sat, July 11, 2026 astatine 2:01 PM CDT

Publix is 1 of the largest market chains successful the state with implicit 1,400 locations and $60 cardinal successful revenue, and it each started with 1 idea. In 1930, George W. Jenkins was a supermarket manager successful Florida. Frustrated from the deficiency of attraction from precocious management, helium decided to commencement his ain supermarket with a civilization that would opposition the neglect helium had experienced. Part of that doctrine translated into his tendency for each employees to ain a portion of the company. The institution has grown truthful overmuch that successful 2016, an worker that had started moving aft graduating precocious school, took an aboriginal status and sold disconnected much than $1m dollars of his stock. Today, astir 80% of the institution is owned by thousands of its existent and past employees.

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