Last week, organic and natural foods distributor, United Natural Foods Inc. (UNFI) announced plans to buy the largest publicly traded grocery wholesaler, Supervalu, for just under $3 billion. The deal is largely a defensive move by UNFI after Amazon bought their largest customer, Whole Foods.
Read MoreAmazon’s announcement in June that it plans to buy Whole Foods for $13.7 billion has led to speculation throughout the retail industry about the corporation’s intentions in the grocery sector. Supply chain and retail workers in particular fear the merger will result in layoffs and less bargaining power overall. Some are ratcheting up unionization efforts in response.
Read MoreDairy farmers in the Northeast and Midwest are dumping massive quantities of milk, as a sharp decline in exports has driven milk prices down to a seven-year low. Meanwhile, independent farmers and members of Congress say that a new USDA insurance program designed to keep struggling dairy farmers in business is failing to do the job.
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