United Natural Foods Announces Realignment of Wholesale Business
08 Janeiro 2025 - 9:00AM
Business Wire
Company restructures commercial wholesale
organization into two product-centered divisions to enhance service
to its customers and suppliers
United Natural Foods, Inc. (NYSE: UNFI) (the “Company” or
“UNFI”) today announced actions it is taking to advance the
Company’s multi-year strategy focused on creating more customized
value for its customers and suppliers and driving profitable
growth.
In support of its strategy, the Company will realign its
commercial wholesale organization into two product-centered
divisions, Conventional Grocery Products and Natural, Organic,
Specialty & Fresh Products, while continuing to enhance its
enterprise-wide commercial and supply chain capabilities.
Louis Martin, currently President of Wholesale, will become
President of Conventional Grocery Products and UNFI Chief
Commercial Officer. Mark Bushway, currently Chief Supply Chain
Officer, will become President of Natural, Organic, Specialty &
Fresh Products and UNFI Chief Supply Chain Officer.
Each division will have focused sales teams aligned to the
unique product and service needs of the 30,000 retail locations
that UNFI serves. Both divisions will be supported by dedicated
functional experts in merchandising, operations, procurement, and
supplier services.
Capability centers of excellence in areas including supply
chain, professional and digital services, and private brands will
work across the divisions to support sales leaders in building
customized programs to help customers and suppliers accelerate
their growth strategies.
Sandy Douglas, UNFI CEO said, “This realignment is another step
in the execution of our plan to add value and improve efficiency
and effectiveness for our customers and suppliers. By empowering
our commercial teams to provide a more customized product and
service-centered experience, we intend to help our customers and
suppliers differentiate, compete, and grow profitably through a
more responsive, efficient, and effective operating model.”
About UNFI
UNFI is North America's premier grocery wholesaler delivering
the widest variety of fresh, branded, and owned brand products to
more than 30,000 locations throughout North America, including
natural product superstores, independent retailers, conventional
supermarket chains, ecommerce providers, and foodservice customers.
UNFI also provides a broad range of value-added services and
segmented marketing expertise, including proprietary technology,
data, market insights, and shelf management to help customers and
suppliers build their businesses and brands. As the largest
full-service grocery partner in North America, UNFI is committed to
building a food system that is better for all and is uniquely
positioned to deliver great food, more choices, and fresh thinking
to customers. To learn more about how UNFI is delivering value for
its stakeholders, visit www.unfi.com.
Safe Harbor Statement under the Private Securities Litigation
Reform Act of 1995: Statements in this press release regarding the
Company’s business that are not historical facts are
“forward-looking statements” that involve risks and uncertainties
and are based on current expectations and management estimates;
actual results may differ materially. The risks and uncertainties
which could impact these statements are described in the Company’s
filings under the Securities Exchange Act of 1934, as amended,
including its annual report on Form 10-K for the year ended August
3, 2024 filed with the Securities and Exchange Commission (the
“SEC”) on October 1, 2024 and other filings the Company makes with
the SEC. Any forward-looking statements are made pursuant to the
Private Securities Litigation Reform Act of 1995 and, as such,
speak only as of the date made. The Company is not undertaking to
update any information contained in this press release to reflect
subsequently occurring events or circumstances. Any estimates of
future results of operations are based on a number of assumptions,
many of which are outside the Company’s control and should not be
construed in any manner as a guarantee that such results will in
fact occur. These estimates are subject to change and could differ
materially from final reported results.
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version on businesswire.com: https://www.businesswire.com/news/home/20250108453860/en/
For Media: UNFI Kristen Jimenez 404-906-8425
kristen.jimenez@unfi.com
Charles Davis 215-539-1696 cdavis@unfi.com
For UNFI Investors: Kristyn Farahmand 401-213-2160
kristyn.farahmand@unfi.com
Steve Bloomquist 952-828-4144 steve.j.bloomquist@unfi.com
United Natural Foods (NYSE:UNFI)
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