While Whole Foods talks a big game about supporting local businesses and their workers, both groups have been shunted as the chain seeks to compete with dominant retailers.
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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.
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Amazon’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.
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Whole Foods’ recent decision to centralize buying for its U.S. stores will likely make it much harder for smaller producers of organic and natural foods to get to market. The move could thus further solidify the control of the corporate food giants currently dominating the organic and natural foods sector.
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