In its third-quarter financial results update, United Natural Foods, Inc. (UNFI) reported $41.7 million in net income, an increase of $5.4 million (14.7%) from the previous year. Sales from supermarkets grew 22% (representing 26% of UNFI’s sales), while independents’ growth was up 16.6% (comprising 32% of UNFI’s sales). Supernaturals grew...
Austin, TEXAS – Whole Foods Market has announced that their new line of stores, which was announced last month, will be named “365 by Whole Foods Market,” after a brand that is already sold in the grocery store, according to a press release. The new stores, which are expected to...
Vancouver, Canada—Nutritional food company Vega, based here, has been acquired by dairy producer WhiteWave Foods Co., for $550 million. WhiteWave Foods has several organic brands such as Horizon Organic, Earthbound Farm and the Silk line of dairy alternatives. In a statement on the company website, WhiteWave described Vega as a...
Boulder, CO – Steve Hughes, the chief executive officer and member of the Boulder Brands Board of Directors, has resigned from both positions with the company, according to a press release. The company has also announced that, effective immediately, James B. Leighton, who has been the company’s chief operating officer...
St.Louis, MO—Recent business correspondence from agricultural mega-company Monsanto, based here, suggests that it may be trying to change its name as well as relocate.The news came from a series of letters between Monsanto chairman and CEO Hugh Grant and representatives of Swiss seed and crop protection company Syngenta regarding a...
Washington, D.C.—On June 3rd, Sens. Richard Blumenthal (D-CT) and Dick Durbin (D-IL) added three dietary supplement amendments to what is considered a must-pass Department of Defense spending bill. The first amendment restricts supplements sold on military bases. Dietary supplements would now need to be verified by an independent third...
Florence, Italy—Results of a new clinical trial will have fans of ancient grains asking for seconds. Organic khorasan wheat was found to benefit those with acute coronary syndrome (ACS), an umbrella term for when the heart is cut-off from the blood supply such as during heart attacks and unstable angina.
New York—Only a few months after GNC, one of the nation’s largest supplement stores, made an agreement with New York Attorney General Eric T. Schneiderman to change its manufacturing process, Schneiderman and Indiana Attorney General Greg Zoeller have sent a letter to the Acting Commissioner of the Food and Drug...
Washington, D.C. – After a push from Rep. Louise Slaughter (D-NY) and members of the industry, President Barack Obama has created a memorandum that will help to limit the use of antibiotics in meat and poultry, according to a press release. “It is the policy of the Federal Government to...
Brooklyn, NY—Abbott Nutrition is being sued by a group of parents for allegedly “misleading misrepresentations on its private-label Similac Advance Organic Infant Formulas,” according to the court documents. It is being said that, of the 49 ingredients listed on the product, 26 of them are not allowed in organic foods.
