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%
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
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 –
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
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
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
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
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
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
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
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
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
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.
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
