Tag: Wholesale – Consumer Staples

United Natural Foods Stock Tumbles on Weak Guidance, Quarterly Loss

Shares of United Natural Foods UNFI +0.37% were sinking Tuesday after the company pivoted to a loss in its fourth fiscal quarter and issued disappointing guidance.

Costco cracks down on membership card sharing

Costco is taking a page from Netflix’s book.

Bunge, Viterra will merge to form $34 billion agri-trading powerhouse

U.S. grains merchant Bunge and Glencore -backed Viterra are merging to create an agricultural trading giant worth about $34 billion including debt, the companies said on Tuesday, in a deal that will likely draw close regulatory scrutiny.