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Publix Super Markets, Inc., commonly known as Publix, is an employee-owned, American supermarket chain based in Lakeland, Florida. Publix operates throughout the Southeast, with locations in Florida (756), Georgia (182), Alabama (56), South Carolina (49), Tennessee (38), and North Carolina (9). Founded in 1930 by George W. Jenkins, Publix is a private corporation that is wholly owned by present and past employees. It is currently ranked No. 67 on Fortune magazine’s list of 100 Best Companies to Work For 2011 and was ranked No. 6 on Forbes’ 2011 list of America’s Largest Private Companies and is the largest in Florida. The company’s 2011 sales totaled US$27.1 billion, with profits of nearly $1.5 billion, ranking #106 on Fortune magazine’s Fortune 500 list of U.S. companies for 2012. Supermarket News ranked Publix No. 8 in the 2012 “Top 75 North American Food Retailers” based on 2008 fiscal year sales. Based on 2011 revenue, Publix is the fourteenth-largest US retailer. Publix’s current stock price is $33.80 per share though it is privately held and not available to the public. In 2011, Publix announced they would be moving into the North Carolina market, first opening stores in Charlotte, North Carolina, and later announced construction of a new store in Asheville, North Carolina. The first Charlotte-area stores, located on the South Carolina side of the metropolitan area, opened in 2012; the first North Carolina store opened in Ballantyne on February 26, 2014. Concurrently, Publix purchased seven Charlotte-area locations from competitor BI-LO stores. Publix employs over 168,000 people at its 1,097 retail locations, cooking schools, corporate offices, eight grocery distribution centers, and nine Publix brand manufacturing facilities. The manufacturing facilities produce its dairy, deli, bakery, and other food products. Publix stands as one of the largest US regional grocery chains: one of a very small number which operates over 1,000 locations. Its main competitors are national grocery chains IGA, Kroger, SuperValu, and Whole Foods; consolidated retail and warehouse chains, including Wal-Mart, Target, Kmart, Costco, Sam’s Club and BJ’s Wholesale Club; and several regional grocery chains, including BI-LO (operating under both its own name and that of its wholly owned subsidiary Winn-Dixie), Harris Teeter, Fresh Market, Piggly Wiggly, Ingles, and Rouses. Publix stores are found as far north as Clarksville, Tennessee, and as far south as Key West, Florida, while the westernmost location is in greater Mobile, Alabama. As of 2014, though, the state of Florida still has the largest number of stores, with 759, nearly three-quarters of the outlets. Publix’s slogan is “Where Shopping is a Pleasure”.