Is Publix SuperMarkets Inc. the only company still making huge amounts of profits?

As you watch the news you see almost every business laying off thousands of their employees like Macy's, Microsoft, Home Depot etc the list goes on. But Publix on the other hand is opening new stores every week i've herad next week they reach their 1000 store. Publix also always manages to keep their stores packed with people.

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  • 1 decade ago
    Favorite Answer

    Basically any company that provides cheap, basic goods will be getting plenty of business. Wal-Mart, grocery stores like Kroger and Publix, etc. The companies that are suffering are the ones that have expanded too much (like Starbucks) or offer items or services that people can't afford now. Everyone is trying to cut back so the luxuries aren't selling, while food and toilet paper will always have to be purchased.

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  • 4 years ago

    In my city, Publix seems to be the only one not getting ready to shut down.

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  • Anonymous
    1 decade ago

    I LOVE grocery shopping at Publix! Im not suprised they are making money.

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  • 1 decade ago

    The other companies that reported growth was Wal-Mart , Campbell's soup and McDonald's.

    Source(s): Bloomberg Business News
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  • 1 decade ago

    the porn industry hardly ever takes a hit in profits

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  • 1 decade ago

    because of the government support &traditional tips,popularity among people

    Source(s): www.yahoo.finance.com
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  • 1 decade ago

    i work for cvs and were doing great i pray that doesn't change

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