U.S. online grocery sales are forecast to grow at a compound average growth rate of 11.7 percent over the next five years, increasing online’s share of overall grocery spending from 11.2 percent in 2022 to 13.6 percent in 2027, according to the 2023 Brick Meets Click/Mercatus Five-Year Grocery Sales Forecast. Persistent price inflation, ongoing concerns about illnesses […]
Category: National
Posted inAssociation News, National
FMI Welcomes Introduction Of Senate PBM Reform Legislation
FMI – The Food Industry Association welcomed the introduction of the bipartisan Pharmacy Benefit Manager Transparency Act of 2023 by Sens. Maria Cantwell (D-WA) and Chuck Grassley (R-IA), which addresses many of the anticompetitive practices used by drug middlemen known as pharmacy benefit managers. The bill would also provide the Federal Trade Commission and state attorneys general […]
Posted inOnline Grocery Technology, National
Storewise, TRUNO Partner For Enhanced Operational Control
Overland Park, Kansas-based Storewise has announced a partnership with Lubbock, Texas-based TRUNO to provide heightened visibility and operational control, including integration with a range of retail tools and services. “Storewise gives our retailers the tools, insights and customer experience they need to thrive in today’s competitive landscape,” said John Poore, chief technology officer at TRUNO. “Their ability […]
Posted inFeature, Association News, National
Execs Discuss Six Imperative Issues Facing Food Industry
“Navigating the Realities of Imperative Business Issues” was the topic of an executive roundtable industry discussion at the recent FMI Midwinter Executive Conference in Orlando, Florida. The FMI board of directors and key committees, along with FMI partner Oliver Wyman, have identified the most significant issues keeping food executives up at night. Mark Baum, FMI […]
Posted inThe Kroger Co., National, Online Grocery Technology
Catalina Introduces Reach Extender In Kroger Locations
St. Petersburg, Florida-based Catalina has introduced Catalina Reach Extender, which amplifies current digital offers by extending relevant printed offers at checkout to those who shop in-store. The retail data science, insights and media company, 84.51°, is an early collaborator. 84.51° provides personalized promotional offers to Kroger’s digitally engaged shoppers through its website and mobile app through its […]
Posted inOnline Grocery Technology, National
FMItech Pitch Competition Names Labor App Hyer As Winner
FMI – The Food Industry Association has announced Hyer as the winner of the second-annual FMItech Pitch Competition at the FMI Midwinter Executive Conference in Orlando, Florida. Six finalists presented their food retail technology start-up solutions and event attendees voted on the winner, with the workforce app selected as the favorite. “Retailers have been accelerating their investments across […]
Posted inAssociation News, Albertsons, National
Association Elects New Board Members At Conference
FMI – The Food Industry Association announced its 2023 board of directors elected at its annual Midwinter Executive Conference in Orlando, Florida. The new slate will guide the implementation of FMI’s 2023-approved strategic plan during a time of rapidly evolving industry challenges and opportunities and reflects the breadth of the product supplier and retailer/wholesaler communities. The outgoing board […]
Posted inAssociation News, National
FMI Celebrates Seven Food Industry Executives
FMI–The Food Industry Association has announced its 2023 Executive Leadership Awards recipients. The awards were presented Jan. 21 at FMI’s Midwinter Executive Conference Awards luncheon in Orlando, sponsored by Unilever. “The recipients of the 2023 Executive Leadership Awards constitute a masterclass in food industry leadership,” said Leslie G. Sarasin, FMI president and CEO. “Their time-tested skills and […]