United Natural Foods

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United Natural Foods

File:UNFI Logo 2019.png
Logo of United Natural Foods

United Natural Foods, Inc. (UNFI) is a leading distributor of natural, organic, and specialty foods in the United States and Canada. The company provides a wide range of products, including grocery, produce, perishables, frozen foods, nutritional supplements, and personal care items.

History

United Natural Foods was founded in 1976 as Mountain People's Warehouse in Auburn, California. The company expanded through a series of mergers and acquisitions, including the acquisition of Cornucopia Natural Foods in 1996, which led to the formation of United Natural Foods, Inc. In 1999, UNFI went public on the NASDAQ stock exchange.

In 2018, UNFI acquired SuperValu, a major grocery wholesaler, significantly expanding its distribution network and product offerings. This acquisition positioned UNFI as one of the largest grocery wholesalers in North America.

Operations

UNFI operates a network of distribution centers across the United States and Canada. The company serves a diverse customer base, including independent retailers, supermarket chains, and food service operators. UNFI is committed to sustainability and has implemented various initiatives to reduce its environmental impact, such as energy-efficient facilities and waste reduction programs.

Products and Services

UNFI offers a comprehensive selection of products, including:

  • Natural and organic foods
  • Specialty and ethnic foods
  • Fresh produce
  • Frozen and refrigerated items
  • Nutritional supplements
  • Personal care products

The company also provides value-added services such as category management, marketing support, and merchandising solutions to help retailers optimize their product offerings and improve sales.

Financial Performance

UNFI is publicly traded on the New York Stock Exchange under the ticker symbol "UNFI." The company has reported steady revenue growth over the years, driven by increased demand for natural and organic products and strategic acquisitions.

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References

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