UNFI today revealed plans to optimize its distribution center network in the Pacific Northwest. As part of that optimization, UNFI says it will consolidate five distribution centers into a new 1.2 million-s.f. facility in Centralia, Washington, and a newly expanded, 800,000-s.f. facility in Ridgefield, Washington. UNFI says the new facility and expansion will “enhance customer […]
Tag: UNFI
Posted inShelby Content, Albertsons, Home Page Slider, Northeast, Shelby Originals, Shelby Signature Content
The Griffin Report Of The Northeast’s 2018 Year In Review
New store concepts, new executives and some financial setbacks marked the top 10 news stories in the Northeast region over the past year. 1. UNFI acquires Supervalu United Natural Foods Inc. (UNFI) in October finalized its acquisition of Supervalu in a deal worth about $2.9 billion. The deal first was announced July 26. Providence, Rhode Island-based […]
Posted inNational, Home Page Latest News, Wholesaler/Distributor News
UNFI Reports Net Sales Up 16.7 Percent In 1Q 2019
United Natural Foods Inc. (UNFI) has released its financial results for the first quarter of fiscal 2019 ended Oct. 27, 2018. Highlights of the report are outlined in the table below: 13-Week Period Ended ($ in thousands, except for per share data) October 27, 2018 October 28, 2017 Change Net Sales $ 2,868,156 $ 2,457,545 $ […]
Posted in, Home Page Latest News, Northeast, Store News
Giant Food Stores To Acquire Five Shop ‘N Save Stores
Giant Food Stores has entered into an agreement with Supervalu Inc., a newly acquired subsidiary of United Natural Foods (UNFI), to acquire five corporate-owned Shop ‘n Save locations. Upon completion of the sale, Giant plans to convert the Shop ‘n Save stores into Martin’s Food Markets. The following stores are part of the sale: 22401 Jefferson […]
Posted in, Home Page Latest News, National, Wholesaler/Distributor News
Supervalu Stockholders Approve United Natural Foods Merger
At a special meeting of stockholders held Oct. 18, stockholders of Supervalu Inc. approved the proposed acquisition of Supervalu by United Natural Foods Inc. (UNFI). It was announced in July that UNFI and Supervalu had entered into a definitive agreement under which UNFI would acquire Supervalu for $32.50 per share in cash, or approximately $2.9 billion, including the assumption of outstanding […]
Posted in, Home Page Latest News, Midwest, Wholesaler/Distributor News
Blackwells Withdrawing Supervalu Director Nominees
Supervalu Inc. has entered into an agreement with Blackwells Capital under which Blackwells will withdraw its director nominees and vote all of its shares in support of Supervalu’s full slate of directors at the company’s annual meeting of stockholders, to be held on Aug. 16. Blackwells also has withdrawn its stockholder proposal, which was to be considered […]
Posted in, Home Page Latest News, Midwest, Wholesaler/Distributor News
Proposed Supervalu Buyout Under Scrutiny By Law Firms Nationwide
Law firms across the country are launching investigations into the proposed sale of Supervalu to UNFI for $2.9 billion, or $32.50 per share. Concerns cited by these firms include “possible breaches of fiduciary duties” and the “adequacy of the price and process” of the sale. Rigrodsky & Long, P.A. announces that it is investigating potential legal […]
Posted inGrocery News, Home Page Latest News, Organic Natural, Specialty, Wholesaler/Distributor News
United Natural Foods Names New President And Leadership Team
The board of directors of United Natural Foods Inc. named a new president and leadership team that will take their positions on Aug. 1. Chris Testa, who currently serves as president of the Atlantic Region, will become president, overseeing the company’s broadline natural, organic and specialty distribution business in the U.S.; Select Nutrition; e-commerce; and enterprise […]