Natural Foods Merchandiser

Members OK UNFI Purchase

Members of Blooming Prairie Cooperative Warehouse voted to sell the Iowa City, Iowa, distribution company to United Natural Foods Inc. and agreed to use some of the proceeds to form a Blooming Prairie Foundation.

In the Sept. 28 vote, 73 percent of members favored the sale. The proposal needed a 60 percent majority to pass. Co-op members will receive 100 percent of their equity and investment in Blooming Prairie as well as sale proceeds.

Natural Foods Merchandiser volume XXIII/number 11/p. 10

TAGS: Archive News
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