A Trade Organization in Northern California/Nevada         admin@perishablefoodscouncil.com

facebook-icon2twitter
Supervalu to be acquired by United Natural Foods

United Natural Foods Inc. (UNFI) and Supervalu have entered into a definitive agreement under which UNFI will acquire Supervalu for $32.50 per share in cash, or about $2.9 billion, including the assumption of outstanding debt and liabilities. The news comes the same day that Supervalu announced its Q1 2019 earnings. Also, ushering in the end of an era, UNFI revealed that it plans “over time … to divest Supervalu retail assets in a thoughtful and economic manner.”

“This transaction accelerates UNFI’s ‘Build out the Store’ growth strategy by immediately enhancing our product range, equipping us to bring an attractive, comprehensive product portfolio to an expanded universe of customers,” said Steve Spinner, CEO and chairman of Providence, R.I.-based distributor. “Combining our leading position in natural and organic foods with Supervalu’s presence in fast-turning products makes us the partner of choice for a broader range of customers. Together, we can provide our ‘better for you’ products as well as other high-growth segments, improving customers’ competitive advantages in a dynamic marketplace. These benefits, plus our increased efficiency and productivity, will enable us to create value for our shareholders, enhance opportunities for our suppliers, provide a broader assortment for our customers and create new prospects for our associates over the long term.” “The combination of UNFI and Supervalu provides a substantial premium and delivers certainty of value to our stockholders, meaningful benefits to our customers, expanded opportunities for our employees, and the ability for us and our vendors to efficiently serve a varied customer base,” said Mark Gross, CEO of Minneapolis based Supervalu, who will be stepping away from the company as part of the deal.

“We have been executing an ambitious strategic transformation for over two years. We believe that this transaction is the best and natural next step for our stockholders, customers and employees. I am very proud of the unwavering commitment and focus of our employees in driving our strategic transformation and serving our customers. I am confident that, together, Supervalu and UNFI will be well positioned to succeed – and to help our customers succeed – in today’s grocery landscape.”




Retail Food Labeling-Everything You Need to Know

Now Available as DVDs, Replays & Instant Downloads!

Presented By: Natasha Rowley-Phipps

New Food Understand The Labeling Regulations and Ensure Compliance and Successful Retail Sales of Your Products

Food labeling is a highly regulated area that is beset by increasing oversight by the Food and Drúg Administration. If your company operates in the food manufacturing or food services industries, you are at risk if you do not understand the latest developments in the FDAs regulations of your packaging and labeling efforts.

Stay ahead of all food labeling challenges in 2017 with AudioEducators Retail Food Labeling Virtual Boot Camp . This camp with Boot food safety expert Natasha Rowley-Phipps breaks down complex regulations into manageable pieces of information that you can then implement in your organization. You will gain a deeper knowledge of food labeling regulations, the resources available on government websites, and a reference presentation from our expert for your use. This event provides a helpful foundation for those who are just beginning to tackle this subject, as well as a review for those who need to refresh their knowledge. Learn More:

Session Highlights:

  • Introduction, Approach and the FDA Elements of Packaging
  • History and impact of food labeling - Why is this required?
  • How to find and understand the regulations?
  • Where and when is labeling required
  • In depth review of the first three elements of required labeling
  • FDA Elements of Packaging, Allergen Labeling and Food Service Requirements
  • In-depth review of the last two elements of required labeling
  • Labeling requirements for food service establishments
  • Overview of USDA requirements
  • Claims, Certifications and Other Packaging Considerations
  • Defining and understanding how to apply claims to packaging
  • Certifications and how to use these in packaging
  • Genetically modified organism (GMO) labeling update
  • New Nutrition Facts Regulation Update (2018 and 2019)
  • Update to the Nutrition Facts
  • New regulations and compliance dates 

Our Retail Food Labeling Virtual Boot Camp is available as a DVD or an instant download

Buy Now



Apply code Discount " PM20 " when you check out and get $ 20 off registration

Now ✆ Call: 1-866-251-3060 and mention EFOOVBEM or email us at virtualbootcamp@audioeducator.com


Shyann Project

Each year the Perishable Foods Council supports the work of the Shyann Kindness Project with a toy drive.  In their 10 years, they have served more than 19,000 underprivileged and/or medically fragile children.  Your donation helps them to purchase discounted books, toys, and school supplies that put big smies on the faces of the children that attend their Kindness Gift Giving Events.

As they celebrate their 10th Anniversary, they are asking for our financial support.  If you would like to make a donation, please click here

 
Bookmark and Share

 

© 2015 Perishable Foods Council. All rights reserved