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UNFI extends distribution deal with Whole Foods - Providence Business News

UNFI extends distribution deal with Whole Foods UNITED NATURAL FOODS INC. has extended its distribution partnership with Whole Foods through September 2027. PROVIDENCE – United Natural Foods Inc. has extended its wholesale distribution relationship with Whole Foods Market until September 2027, the company announced Thursday. A significant portion of Providence-based UNFI’s revenue comes through its distribution deal with Whole Foods, a wholly owned subsidiary of Amazon.com Inc. “Since the onset of the COVID-19 pandemic, UNFI and Whole… Register to keep reading or subscribe today and receive unlimited access.

UNFI re-ups primary distribution pact with Whole Foods

Amazon-owned specialty grocer remains wholesaler’s largest customer United Natural Foods Inc. (UNFI) has extended its primary wholesale grocery agreement with Whole Foods Market, its largest single customer. UNFI said Thursday that, with the extension, the term of the companies’ distribution pact now runs until Sept. 27, 2027. The contract previously was slated to expire on Sept. 28, 2025. “Since the onset of the COVID-19 pandemic, UNFI and Whole Foods have worked closely together to consistently deliver ‘better for you’ foods to consumers throughout North America. This extension allows both companies to maintain focus on what is most important: continuing to meet the growing demand for healthy food at home as we navigate through the global pandemic,” UNFI Chairman and CEO Steven Spinner said in a statement. “We look forward to continuing to play a very important role in the rapidly evolving ‘foodscape’ and supply chain, while furthering our tradition of in

Marvell Technology, Okta fall; Burlington, Colfax rise

Marvell Technology, Okta fall; Burlington, Colfax rise Follow Us Question of the Day Stocks that traded heavily or had substantial price changes Thursday: Marvell Technology Group Ltd., down $5.47 to $40.10. The chipmaker said it expects to deal with supply problems through 2022. TOP STORIES The cloud identity management company gave investors a surprisingly weak fiscal first-quarter earnings forecast. Splunk Inc., down $3.72 to $139.47. A slide by the broader technology sector dragged down the software company, despite its solid fourth-quarter financial report. American Eagle Outfitters Inc., up $2.26 to $27.69. The teen clothing retailer beat analysts’ fourth-quarter profit and revenue forecasts. Colfax Corp., up $2.60 to $47.79. The manufacturing and engineering company plans to split into two separate companies.

Marvell Technology, Okta fall; Burlington, Colfax rise

Marvell Technology, Okta fall; Burlington, Colfax rise
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