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Publix Announces Acquisition of Stores

 LAKELAND, Fla., June 9, 2008 — Today Publix Super Markets, Inc. announced that it has entered into an agreement to purchase 49 Florida stores from Albertson’s LLC. The transaction is expected to close in September and includes store locations throughout the state with 15 locations in North Florida, 30 locations in Central Florida and four locations in South Florida.

Publix CEO, Ed Crenshaw, commented on the acquisition, “The demand for the high-quality service our associate owners provide gives us the opportunity to reinvest in these communities by acquiring additional sites for Publix stores. We continue to focus on being the premier food retailer in the areas in which we operate.” 

Grand opening dates for all locations will depend on the scope of the remodels. The acquisition will allow Publix to operate four stores in Escambia County, a new market area for the company.

Publix encourages impacted Albertson’s employees with a passion for food and a commitment to customer service to apply for employment. To assist in this process, Publix will hold job fairs dedicated to Albertson’s employees in the upcoming weeks.