United Natural Foods, Inc., together with its subsidiaries, distributes and retails natural, organic, and specialty foods, as well as non-food products primarily in the United States and Canada. The company offers approximately 80,000 natural, organic and specialty foods and non-food products, consisting of national, regional and private label brands grouped into 6 product categories: grocery and general merchandise, produce, perishables and frozen foods, nutritional supplements and sports nutrition, bulk and foodservice products and personal care items. The company serves approximately 40,000 customer locations primarily located across the United States and Canada which can be classified as follows: independently owned natural products retailers, which include buying clubs; supernatural chains, which consist solely of Whole Foods Market, Inc. (Whole Foods Market); conventional supermarkets, which include mass market chains; and other, which includes foodservice and international customers outside of Canada. In July 2014, the company acquired all of the outstanding capital stock of Tony's Fine Foods (Tony's), through its wholly-owned subsidiary, UNFI West, Inc. (UNFI West). Divisions The company’s operations comprise three principal operating divisions: Wholesale, Retail, and Manufacturing. The Wholesale division includes its broadline natural, organic and specialty distribution business in the United States; UNFI Canada, Inc. (UNFI Canada), which is a natural, organic and specialty distribution business in Canada; Tony's, which is a distributor of an array of specialty protein, cheese, deli, food service and bakery goods, principally throughout the Western United States; Albert's Organics, Inc. (Albert's), which is a distributor of organically grown produce and non-produce perishable items; and Select Nutrition, which distributes approximately 15,000 health and beauty aids, vitamins, minerals and supplements from distribution centers in Pennsylvania and California. The Retail division consists of Earth Origins, which operates its 12 natural products retail stores within the United States. The Manufacturing division consists of Woodstock Farms Manufacturing, which specializes in the international importation, roasting, packaging and distribution of nuts, dried fruit, seeds, trial mixes, granola, natural and organic snack items and confections, and its Blue Marble Brands product lines. The company sells these items in bulk and through private label packaging arrangements with large health food, supermarket and convenience store chains and independent owners. The company’s Blue Marble Brands portfolio is a collection of 15 organic, natural and specialty food brands representing approximately 650 products. The company’s Field Day brand is primarily sold to customers in its independent natural products retailer channel (independent retailers). Strategy The company seeks to maintain and enhance its position within the natural and organic industry in the United States and Canada and to increase its market share in the specialty products industry. Suppliers The company purchases its products from approximately 6,000 suppliers. The company’s supplier, Hain Celestial Group, Inc., accounted for approximately 5% of its total purchases in 2014. Customers The company maintains customer relationships with independently-owned natural products retailers, supernatural chains and supermarket chains. In addition, the company emphasizes its relationships with new customers, such as conventional supermarkets, mass market outlets and gourmet stores. The following were included among its wholesale customers for 2014: Whole Foods Market, a supernatural chain in the United States and Canada; and conventional supermarket chains, including Safeway, Kroger, Wegmans, Stop & Shop, Giant-Landover, Giant Eagle, Hannaford, Food Lion, Bashas', Shop-Rite, Lowe's, Kings, Publix and Fred Meyer. Regulations The company’s operations and many of the products that the company distributes in the United States are subject to regulation by state and local health departments, the United States Department of Agriculture (USDA) and the United States Food and Drug Administration, which generally impose standards. For certain product lines, the company is also subject to the Federal Meat Inspection Act, the Poultry Products Inspection Act, the Perishable Agricultural Commodities Act, the Packers and Stockyard Act and regulations promulgated by the USDA to interpret and implement these statutory provisions. Competition The company’s major wholesale distribution competitor in both the United States and Canada is KeHE Distributors, LLC (Kehe). History United Natural Foods, Inc. was founded in 1976.
united natural foods inc
(UNFI:Consolidated Issue Listed on NASDAQ Global Select )
313 Iron Horse Way
Providence, RI 02908
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