Want to choose a safe place to ride out the recession? Try a grocery-store chain. Four of nine companies on Investopedia’s Top 9 companies for Job Security are grocery- or convenience-store chains.
- Nugget Market, grocery store chain, Woodland, Calif., Privately held
- Devon Energy, oil and gas producer, Oklahoma City, Okla. Publicly traded
- Aflac, supplemental insurance provider, Columbus, Ga. Public
- QuikTrip, convenience store chain, Tulsa, Okla, Private
- The Container Store, storage retailer, Coppell, Texas, Private
- NuStar Energy, Pipeline and refinery operator, San Antonio, Texas, Public
- Stew Leonard’s, grocery store chain, Norwalk, Conn., Private
- Scottrade, online discount brokerage, St. Louis, Private
- Publix Super Markets, grocery store chain, Lakeland, Fla., Public
The companies on the Investopedia list were chosen from Fortune magazine’s 100 Best Companies to Work, 2009, because they have never had a layoff … ever.
Trends to be gleaned from the list:
- 7 of the companies are in the South (two each in Oklahoma and Texas)
- 5 are privately held
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