Why Publix is stocking up on real estate

Florida’s leading grocer is strategically pumping funds into all-cash acquisitions of stores and shopping centers. (Source: The Real Deal)

From The Real Deal: AAmazon’s acquisition of Whole Foods threatens to upend the entire grocery sector, those currently sitting atop the retail food chain are working hard to solidify their standing. 

Publix Super Markets, the dominant chain throughout Florida with 227 locations in the tri-county South Florida region alone, is doing just that. The company is making moves to ensure that it can weather any market challenges by increasingly becoming owners of their stores, as well as the shopping centers in which they operate. 

For the complete article: https://therealdeal.com/miami/issues_articles/why-publix-is-stocking-up-on-real-estate/

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