PROVIDENCE, Rhode Island
,
August 18, 2023
(press release)
–
UNFI’s new state-of-the-art DC replaces aging facility; is expected to increase efficiency and decrease cost-per-case United Natural Foods, Inc. (the “Company” or “UNFI”) today announces it is breaking ground on a new state-of-the-art distribution center (DC), just north of Sarasota, FL. The new DC replaces an aging facility and will incorporate the latest in leading warehouse technology to increase efficiency in selecting, packing, and loading processes. UNFI is working with JLL, Broadstone Net Lease, Inc., Sansone Group, and ARCO Design/Build in the building of the DC. The new warehouse will be more than one million square feet of capacity and incorporate some of the latest technology and automation, including KNAPP re-pack automation, which is expected to improve service levels to customers while simultaneously reducing the cost to fill orders. Additionally, it will be a fully air-conditioned warehouse and will feature natural daylighting concepts and dimmable lighting, as well as a full-building water filtration system. It is expected to include workforce-friendly amenities designed to support a best-in-class working experience for our valued associates. “Distribution is our core business, so when we build a new distribution center we want to incorporate as much automation and technology as possible to improve our ability to service our customers while simultaneously lowering our costs to do so,” said Erin Horvath, Chief Operating Officer of UNFI. She added, “we are also very excited about providing a working environment designed around the needs of both our customers and our associates.” The new distribution center is located within the SRQ Logistics Center, a 300-acre master-planned business park, which is adjacent to Sarasota’s International Airport and proximate to both Interstate 75 and US-301. About UNFI UNFI is North America's premier grocery wholesaler delivering the widest variety of fresh, branded, and owned brand products to more than 30,000 locations throughout North America, including natural product superstores, independent retailers, conventional supermarket chains, ecommerce providers, and food service customers. UNFI also provides a broad range of value-added services and segmented marketing expertise, including proprietary technology, data, market insights, and shelf management to help customers and suppliers build their businesses and brands. As the largest full-service grocery partner in North America, UNFI is committed to building a food system that is better for all and is uniquely positioned to deliver great food, more choices, and fresh thinking to customers. To learn more about how UNFI is Fueling the Future of Food, visit www.unfi.com. Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: Statements in this press release regarding the Company’s business that are not historical facts are “forward-looking statements” that involve risks and uncertainties and are based on current expectations and management estimates; actual results may differ materially. The risks and uncertainties which could impact these statements include those described in the Company’s filings under the Securities Exchange Act of 1934, as amended, including its annual report on Form 10-K for the year ended July 30, 2022 filed with the Securities and Exchange Commission (the “SEC”) on September 27, 2022 and other filings the Company makes with the SEC. Any forward-looking statements are made pursuant to the Private Securities Litigation Reform Act of 1995 and, as such, speak only as of the date made. The Company is not undertaking to update any information contained in this press release to reflect subsequently occurring events or circumstances. Any estimates of future results of operations are based on a number of assumptions, many of which are outside the Company’s control and should not be construed in any manner as a guarantee that such results will in fact occur. These estimates are subject to change and could differ materially from final reported results. # # # For UNFI Investors: -or- Steve Bloomquist For Media:
Kristyn Farahmand
401-213-2160
kristyn.farahmand@unfi.com
952-828-4144
steve.j.bloomquist@unfi.com
UNFI
Charles Davis
+1 (215) 539-1696
charles.davis2@unfi.com
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