LAKELAND, Fla. — Publix Super Markets here has picked a fight with Florida's struggling economy, and has the bruises to show for it. The state's largest food retailer earlier this month revealed that net earnings in the third quarter had plummeted nearly 19% compared with the same period a year ago, due mainly to aggressive price promotions that brought down gross profits by a full percentage point, to 26% of sales. Product-cost inflation leading to higher inventory charges also impacted ...

REGISTER TO VIEW THIS ARTICLE - Register for a Free Account

WhyRegisterfor FREE?

Salary Survey 2015

Registering for content on Supermarket News will give youINSTANTaccess to invaluable articles and media content that industry professionals rely on. You will have access to our special reports, feature articles, and industry analysis. It’sFREE, easy and quick. What are you waiting for!In addition you will also receive complimentary access to the SN salary survey data tables.

Click here to read the FAQ page if you have any questions (opens in a new window)

Attention Paid Print Subscribers: While you have already been grantedfreeaccess to SNwe ask that youregister now.We promise it will only take a few minutes! Or visit your profile and add your print magazine account number and zip code.

Already registered? here.