Whole Food's biggest supplier's $2.9 billion bid to buy Supervalu is all about its independence
https://www.cnbc.com/2018/07/26/whole-foods-supplier-united-natural-foods-to-buy-supervalu.html
Amazon's acquisition of Whole Foods has spurred its first big deal among the grocery distributors.
With United Natural Foods' $2.9 billion acquisition of Supervalu, announced Thursday, UNFI lessens its reliance on Whole Foods, a relationship that has been shrouded in uncertainty ever since Amazon acquired the natural grocer. Whole Foods accounts for roughly 33 percent of UNFI's business and has a contract with the distributor that is set to expire in 2025.
Whole Food's biggest supplier's $2.9 billion bid to buy Supervalu is all about its independence
Jul 26, 2018, 6:36pm UTC
https://www.cnbc.com/2018/07/26/whole-foods-supplier-united-natural-foods-to-buy-supervalu.html
> Amazon's acquisition of Whole Foods has spurred its first big deal among the grocery distributors.
> With United Natural Foods' $2.9 billion acquisition of Supervalu, announced Thursday, UNFI lessens its reliance on Whole Foods, a relationship that has been shrouded in uncertainty ever since Amazon acquired the natural grocer. Whole Foods accounts for roughly 33 percent of UNFI's business and has a contract with the distributor that is set to expire in 2025.