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No stopping Publix Super Markets
Lakeland, Fla. -- Publix Super Markets is racking up another record year even as other grocers, including Whole Foods Market, are struggling under the weight of new competition.
Publix reports that sales for the second quarter were $8 billion, a 6% increase from last year’s $7.5 billion. Same store sales for the second quarter increased 4.1%.
Net earnings were $482.7 million, compared to $404.1 million in 2014, an increase of 19.5%.
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$40.8 million revitalization of Island Walk is now underway
Palm Coast, Fla. -- A transformation is underway. Branch Properties is in the midst of a $40.8 million redevelopment of the largest (and oldest) retail shopping center in Palm Coast, Florida.
Island Walk, once called Palm Harbor Shopping Center, is a 204,000-sq.-ft. center anchored by Publix Super Markets. Once completed in 2016, the upgraded retail destination will bring new and expanded tenants and amenities to the Palm Coast community in an effort to revitalize the city’s original core.
