PP_1170x120_10-25-21

FMI-The Food Industry Association

Consumers adapt to evolving economy, modify holiday grocery budgets

Consumers adapt to evolving economy, modify holiday grocery budgets

ARLINGTON, Va. — FMI—The Food Industry Association released Part VI of its U.S. Grocery Shopping Trends 2022 series, titled “Holiday Shopping.” The final release from the expansive survey of food shoppers’ journeys explores the sentiment and behaviors of consumers as they head into the holiday season. This year, typical holiday stress is exacerbated by inflationary concerns, with 62%

FMI applauds approval of bipartisan PBM reform legislation

FMI applauds approval of bipartisan PBM reform legislation

ARLINGTON, Va. – FMI – The Food Industry Association praised the U.S. Senate Commerce Committee’s passage of the bipartisan Pharmacy Benefit Manager Transparency Act of 2022 (S. 4293). The new legislation addresses several anticompetitive practices used by many of the drug middlemen known as pharmacy benefit managers (PBMs) while giving the Federal Trade Commission (FTC) and

FMI launches new general merchandise & health and beauty program 

FMI launches new general merchandise & health and beauty program 

ARLINGTON, Va. – FMI – The Food Industry Association announced on Thursday a new general merchandise & health and beauty care (GM & HBC) initiative that extends its total store collaboration concept in grocery. This new portfolio will be led by consumer goods and retail industry veteran Tom Duffy and embraces a community of professionals –

FMI presents Executive Leadership Awards

FMI presents Executive Leadership Awards

ARLINGTON, Va. – FMI—the Food Industry Association announced on Tuesday its annual Executive Leadership Awards, featuring Neal Berube; Jonathan Mayes; Steve Cahillane; Mike Stone; Todd Schnuck; and Norman Mayne. Throughout the past year, these six executives displayed masterful leadership in overcoming challenges of the rapidly evolving food industry. The 2022 awards were presented at FMI’s

FMI commends CMS proposed rule to reduce drug costs for consumers

FMI commends CMS proposed rule to reduce drug costs for consumers

Arlington, Va. — FMI – The Food Industry Association issued the following statements on the U.S. Centers for Medicare and Medicaid Services (CMS) proposed rule to reduce drug costs for consumers and to help stabilize the operating environment for pharmacies: “On behalf of the 12,000 supermarket pharmacies operated by our member companies, FMI – The

FMI issues statement on OSHA vaccine-testing mandate’s impact on food supply chain 

FMI issues statement on OSHA vaccine-testing mandate’s impact on food supply chain 

ARLINGTON, Va. —  FMI – The Food Industry Association chief public Policy officer and senior vice president of Government and Public Affairs Jennifer Hatcher issued the following statement on Friday in response to the U.S. Occupational Safety and Health Administration’s (OSHA) Emergency Temporary Standards (ETS) for COVID-19 testing/vaccination. “At a time when our economy is

Food retailers  looking to be health destinations

Food retailers  looking to be health destinations

ARLINGTON, Va. — FMI – The Food Industry Association, has released the 2021 Retailer Contributions to Health and Well-being report, finding that grocery stores have made significant investments to expand their role as community destinations for health and well-being. Eighty-four percent of respondents said their company has an established health and well-being strategy, and this same share of retailers report their company offers health and well-being activities for both employees and customers — an impressive increase from 49% in 2019. “We’re seeing

Organizations make push for pharmacy DIR reform

Organizations make push for pharmacy DIR reform

ALEXANDRIA, Va. –  Hundreds of organizations representing community pharmacies, grocery store pharmacies, specialty pharmacies, chain pharmacies, patient groups, buying groups, health systems, wholesalers, and business groups are making an all-out push for legislation that would stop the abuse of pharmacy price concessions charged by third-party middlemen, which have increased 91,500%  in recent years. The Pharmacy

New food as medicine resources for food retailers 

New food as medicine resources for food retailers 

ARLINGTON, Va. – FMI—The Food Industry Association, wants to make food retailers aware of new resources on Food as Medicine from The Academy of Nutrition and Dietetics Foundation. The concept of “Food as Medicine” is based on connecting the science of food and nutrition to health. Making this connection in food retail can be highly effective with slight behavior change that can ultimately

FMI looks forward to working with FDA on “Closer to Zero”

FMI looks forward to working with FDA on “Closer to Zero”

ARLINGTON, Va. – FMI – The Food Industry Association released on Thursday the following statement from chief food and product safety officer Hilary Thesmar, regarding the U.S. Food and Drug Administration’s (FDA) release of a comprehensive plan to outline how the agency will approach heavy metal action levels in baby food. Dr. Thesmar said: “As the

FMI to host Midsummer Conference as online forum

FMI to host Midsummer Conference as online forum

ARLINGTON, VA – FMI, the food industry association, said Monday that its Midsummer Strategic Executive Exchange Conference will proceed as an online forum to fuel its members’ crisis planning and operations, accelerating stronger and deeper collaborative partnerships in an evolving food and consumer goods business environment. As the second in FMI’s previously announced three-part series of 2021

FMI celebrates victory in SCOTUS PBM case

FMI celebrates victory in SCOTUS PBM case

ARLINGTON, Va. – Today, the U.S. Supreme Court released a unanimous decision in the case of Rutledge v. Pharmaceutical Care Management Association that provides a crucial victory to all pharmacy stakeholders seeking the ability to regulate the practices of drug middlemen known as pharmacy benefit managers (PBMs). The decision restores Arkansas’ Act 900, a pro-pharmacy, pro-consumer

Video Forum: Leslie Sarasin, FMI

Video Forum: Leslie Sarasin, FMI

This week’s Video Forum examines developments in the supermarket sector with Leslie Sarasin, president and chief executive officer of FMI: The Food Industry Association. Sarasin talks about the FDA’s recent move to improve food safety, the industry response to COVID-19, and the impact of shifts in consumer behavior.

Pharmacy groups tell HHS that any action on rebate rule must involve fixing pharmacy DIR fees

Pharmacy groups tell HHS that any action on rebate rule must involve fixing pharmacy DIR fees

ALEXANDRIA, Va. – The country’s leading pharmacy groups said that any action on a prescription drug rebate rule must address skyrocketing fees extracted by pharmacy benefit managers on behalf of plan sponsors in Medicare Part D. “We remind the Administration of the continuous and heightened impact of pharmacy DIR fees imposed by Medicare Part D

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