Whole Foods Market & United Natural Foods, Announce Three-Year Agreement
Published: Wednesday, December 29, 2004
Whole Foods Market, Inc. (WFMI) and United Natural Foods, Inc. (UNFI) announced a definitive three-year Distribution Agreement set to commence on January 1, 2005 under which UNFI will continue to serve as the primary U.S. distributor to WFMI in the regions where they currently serve.
The new three-year Distribution Agreement between Whole Foods Market Distribution, Inc., a wholly-owned subsidiary of Whole Foods Market, and UNFI is consistent with the terms and conditions of their existing agreement, which is scheduled to expire on December 31, 2004.
"Whole Foods Market and UNFI have a long history of working together to provide shoppers with the highest quality organic and natural foods, and we look forward to continuing our long and successful relationship," said Betsy Foster, Vice President of purchasing and distribution for Whole Foods Market.
"Whole Foods Market has been a long-standing, valued customer since 1996 and United Natural Foods looks forward to building upon our strategic partnership," Steven Townsend, United Natural Foods' Chairman and Chief Executive Officer said. "Throughout our organization customer satisfaction is the number one priority and this renewed agreement allows us to continue to provide Whole Foods Market with the widest selection of natural and organic products of the highest quality."