United Natural Foods

  1. Corporate Strategy
    [[“value”:” Andre Persaud has been named president and CEO of retail for United Natural Foods Inc. Persaud will be in charge of UNFI’s Cub Foods and Shoppers Food Warehouse. He has spent almost 30 years in retail and has served in senior leadership roles with major food and pharmacy companies the last two […]
  1. Corporate Strategy
PROVIDENCE, R.I. — United Natural Foods, Inc. (UNFI) announced the appointment of Andre Persaud as president and chief executive officer of Retail, effective November 6, 2023. Persaud will lead the company’s two retail banners, CUB (located primarily in Minnesota) and Shoppers Food Warehouse (located primarily in Washington D.C. and Maryland). He will serve on UNFI’s […]
  1. Corporate Strategy
    [[“value”:” Specialty ethnic food retailer Heritage Grocers Group has promoted Eric Stover to president of Heritage Grocers Group and Prabash Coswatteto chief operating officer, both reporting to CEO Doug Sanders. “The promotions of Eric and Prabash further aligns and unifies the organizational structure of Heritage Grocers Group,” Sanders said. “They are exceptional leaders […]
  1. Corporate Strategy
    [[“value”:” United Natural Foods Inc. has removed Christopher Testa as president, reports the Providence Business Journal. J. Alexander Miller “Sandy” Douglas, who serves as CEO of UNFI, will now handle both the CEO and president duties. Related: UNFI launches new platform giving CPG companies enhanced access to retail insights The distributor has […]
  1. Trends & External Forces
    [[“value”:” United Natural Foods, Inc., is hoping a technology-driven strategy for 2024 will help make unimpressive 2023 fourth quarter financial results a quick and distant memory. While the Providence, R.I.-based grocery wholesaler did record a 2% year-over-year sales increase of $7.4 billion, ultimately the company suffered losses this quarter which impacted the bottom […]
  1. Operations & Supply Chain
United Natural Foods Inc. (UNFI) said this week that it is taking a series of actions designed “to enhance profitability, speed decision-making and reduce administrative layers, primarily by consolidating from four operating regions to three. The three new regions will be called East, Central, and West. In total, the Company will eliminate approximately 150 roles […]
  1. Channel: Mass
“Supermarket price war: retailers to ‘come out fighting’ after Tesco’s pledge to cut more than 700 grocery items. “Move is likely to put pressure on other supermarket chains to follow suit, leading to significant savings for Irish consumers. “Ireland’s leading supermarkets are likely to follow Tesco’s lead in reducing the price of hundreds of products […]
  1. Associates & Employees
Fox News reports that more than 3,000 grocery store employees voted nearly unanimously in favor of a strike at 33 Minnesota Cub Foods stores owned by United Natural Foods Inc. (UNFI). “‘We voted today to stand up and be heard, and to strike,’ workers said in a unified statement announcing the strike on its official […]
  1. Channel: Grocery
Wakefern Food Corp. the nation’s largest retailer-owned cooperative, said yesterday that Mike Stigers – since 2019 the CEO of UNFI-owned Cub Foods – has been named the company’s new president. Stigers will take on the role effective June 1.  Joe Sheridan, who announced his retirement as Wakefern president last year, will remain with the company […]
  1. Channel: Grocery
KEASBEY, N.J. – Wakefern Food Corp., the nation’s largest retailer-owned cooperative with member companies that own and operate supermarkets under the ShopRite, Price Rite Marketplace, The Fresh Grocer, Gourmet Garage and Fairway Market banners, announced that Mike Stigers will assume the role of president, effective June 1. Following an extensive national search, Mike Stigers will […]
  1. Department: Food
PROVIDENCE, R.I.–(BUSINESS WIRE)– #Budget–UNFI wrapped up its Natural & Conventional Spring & Summer Show in Orlando, Fla. this week, hosting over 1,000 brands and more than 2,000 customers.
  1. Corporate Strategy
MODESTO, Calif. — Supermarket industry veteran Robert (Bob) Miller has been named to the board of directors at The Save Mart Companies, a California-based grocer that operates approximately 200 Save Mart, Lucky California, and FoodMaxx stores in the California Central Valley, Bay Area, and Northern Nevada. Save Mart, which is owned by Kingswood Capital Management, […]
  1. Stores & Formats
MNB reader Henry Stein sent me an email about last week’s In Conversation piece with Joshua Siegel, COO of the Titan Casket Company: Amazingly educational and provocative interview with Joshua Siegel at Titan Caskets. Clearly a guy and company that recognized an unfulfilled consumer need, satisfied only by a near monopoly. No doubt, Joshua is […]
  1. Department: Food
North American grocery wholesaler United Natural Foods has announced an agreement with Cornerstone for Natural to brings its Smart Shelf Tag programme to UNFI’s suppliers and retailers. Smart Shelf Tags contain ELi QR Codes, pitched as an enhanced, more secure version of a QR code, which can be scanned to provide shoppers with additional product […]
  1. Trends & External Forces
Yesterday we quoted a Benjamin Lorr op-ed piece in the Los Angeles Times in which he wrote about the Kroger-Albertsons merger: “The supermarket industry is trapped in an unsustainable model, “chasing higher and higher volume to fund cheaper and cheaper prices. Which by necessity means grocers are always looking over their shoulder at their competition. […]
  1. Channel: Grocery
Not surprisingly, lots of email about the proposed Kroger-Albertsons merger… An MNB reader weighed in: The pending merger of Kroger and Albertsons has a defined strategy for a spinoff of 100 – 375 stores into what is known as a SpinCo.  SpinCo’s exist for at least two major reasons: 1) To appease the regulatory authorities […]
  1. Channel: Grocery
There were numerous reports yesterday that Kroger and Albertsons have been negotiating a merger/acquisition agreement that could be finalized as early as today, though the stories also emphasized that a deal could be delayed or abandoned. The exact structure of the deal has not yet been reported, and neither company would comment on the record.  […]
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  Don’t want to cook, don’t want to do dishes, well according to Steven Johnson Grocerant Guru® at Tacoma, WA based Foodservice Solutions® your kids don’t want you hear you complain about cooking dinner either. Chuck E. Cheese has a new program for that has a great chance to make the entire family happy according […]
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Target reported Q4 and 2023 financial results at its annual investor day on March 5, 2024. Quarterly comp performance improved sequentially from Q2 to Q4, but 2023 ended with comps down -3.7%. Profitability outperformed expectations as the company realized $2B of operating income growth in 2023 and reported notable gross margin improvements. The stock was […]
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Comments from Chairman and CEO Rodney McMullen. "Kroger achieved strong 2023 results, in line with our long-term growth model and built upon three consecutive years of historic growth.

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