The company estimates a $50–$60 million net income hit as well but anticipates insurance will cover most losses.
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The company estimates a $50–$60 million net income hit as well but anticipates insurance will cover most losses.
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This cyberattack exposed the risks of consolidation and opaque practices in a system that wields enormous power over how organic and packaged foods reach consumers.
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The move means new leadership for both natural and organic, as UNFI continues to attempt to right the ship as a company.
Read Article A Massachusetts-based supplier is suing UNFI, accusing the distributor of improperly taking prompt-payment discounts.
Read Article The organic and natural distributor will partner with the retailer until May 2032.
Read Article The grocery retailer and wholesaler plans to feature a “full spectrum” of goods at each of the events this year, a shift from its previous strategy.
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The details of this partnership with Mad Agriculture are expected to be unveiled at Expo West in March.
Read Article The lawsuit alleges that the company misled investors about its operations and ability to achieve forecasted cost savings during the two-year period leading up to a sharp drop in its stock price earlier this month.
Read Article Throughout the two-day event, over 2,000 UNFI customer attendees connected with the wholesaler’s network of suppliers of over 1,000 brands.
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UNFI has enlisted a pair of digital commerce platforms to ready its thousands of private-label products for the virtual shelf.
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Despite the logistical prowess of Amazon, Whole Foods Market extended its distribution partnership with UNFI until 2027.
Read Article UNFI has sued Goldman Sachs, alleging that it engaged in improper conduct during the time that the investment bank advised the company on its $2.9 billion acquisition of Supervalu.
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In conjunction with UNFI, the Whole Kids Foundation, a non-profit arm of Whole Foods, has launched a free app to help to educate kids on organic farming.
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