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UNFI

Supervalu to sell Hornbacher’s chain to Corborn’s Inc.

Supervalu to sell Hornbacher’s chain to Corborn’s Inc.

PROVIDENCE, R.I. — Supervalu Inc., now a subsidiary of United Natural Foods Inc., plans to sell its Hornbacher’s chain to Coborn’s Inc. The deal, announced by UNFI on Friday, includes seven Hornbacher’s locations, as well as a new Hornbacher’s store that is currently under development in West Fargo, N.D. Hornbacher’s remaining store, located in Grand

UNFI completes acquisition of Supervalu

UNFI completes acquisition of Supervalu

PROVIDENCE, R.I. — United Natural Foods Inc. announced today it has completed its $2.9 billion acquisition of Supervalu Inc. “Today is an important milestone for UNFI,” Steve Spinner, chairman and chief executive officer of UNFI, said in a statement. “We will take the best from both businesses to create North America’s premier food wholesaler with

United Natural Foods to acquire Supervalu

United Natural Foods to acquire Supervalu

PROVIDENCE, R.I. — United Natural Foods Inc. has agreed to acquire Minneapolis-based wholesaler and retailer Supervalu Inc. The deal is valued at about $2.9 billion, including the assumption of outstanding debt and liabilities. UNFI says the transaction represents an opportunity to diversify its customer base and expand its market reach and scale. The company said