United Natural-Supervalu Deal Shows What’s Eating the Food Sector
Supervalu (SVU) soared earlier this week on news that United Natural Foods (UNFI) would buy the supermarket chain in a $2.9 billion deal.
Where we were: The grocery space has been rocked by a number of factors upending how the industry works, leading many companies to team up to combat these changes.
Where we’re going: The value of Supervalu-United Naturals deal remains to be seen, but it’s the latest in a string of partnerships as supermarket experiment with ways to maintain growth.