PUBLIX SIGNATURE ASSIGNMENT 3
Since Publix has been involved in sustainable practices longer than the average grocery
retailer, it has become an integrated part of the company. While there is no direct link to profits
and their sustainable practices, Publix is doing well in the region of profits for a considerably
low-margin grocery business. Publix has had increasing profit margins between 2005 and 2017,
with a profit margin of 6.6% in 2017 (Ostrowski, 2018). Even more recent profits have seen
high numbers, going from $680.3 million in 2018 to $981 million in 2019, a 44% increase,
showing the company’s sustainable practices potentially have no negative impact on financial
success, or possibly even contribute to their financial increases (Fortune 500, 2019).
Social
Publix has gotten its company involved in multiple charitable efforts. Some of the
organizations that Publix has been involved and itself made donations to are Feeding America,
Habitat for Humanity, Food for Sharing, Food for All, March of Dimes, Special Olympics,
Children’s Miracle Network Hospitals, Tools for Back to School, and other programs as well
(Publix, 2019a). These programs have allowed Publix to give back and reach its mission
statement objectives such as serving their local communities and being intolerant of food waste.
These attributes of participating in these charities also align with Snyder’s ideas, “Contribute to
good causes” (Snyder, 2017, p. 92). Publix is not obligated to support these charities or make
donations, but they provide to them because of the difference they want to make on their
communities and provide to society.
Publix has also been raising the wages of its employees. In 2018, Publix had raised its
employee wages three separate times (Springer, 2018). The average employee hourly wage is
$11.79 an hour, with a range between $9.24 to $17.07 an hour. The company has an almost
equal ratio of male to female workers, with females making up 50.1% of the Publix workforce