NYSE:UNFIConsumer Retailing
How New Teamsters Labor Deal Could Shape Profitability and Position for UNFI (UNFI) Investors
In August, more than 300 warehouse workers at United Natural Foods Inc. (UNFI), represented by Teamsters Local 79, ratified a five-year collective bargaining agreement granting up to an US$8-per-hour wage increase, Teamsters health care coverage, and new pension benefits.
This contract marks another milestone in a larger movement at UNFI, where over 2,500 workers have unionized since 2022, potentially setting higher labor standards across the food distribution industry.
We will explore how...