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FMI Special Report

A collection of news, articles and other featured content about FMI Special Report.


A Letter from the President and CEO
Leslie G. Sarasin

The international aisles in the grocery store are expanding as food retailers in the United States seek to accommodate the broader set of cultural values and flavor palates of an increasingly diverse American population.

Culinary trends point increasingly to tangible experiences for consumers. These trends move quickly, as farm to table and molecular gastronomy may be haute cuisine one day and ruled out by something more regal in six months.

By working with government agencies on issues facing the food retail industry, we're able to demonstrate how government rules and regulations play out in the food retail environment and can work together to find big solutions to cross-cutting issues.

Every year, billions of pounds of good food go to waste in the U.S. because home cooks are not sure of the quality or safety of items. Household food waste represents about 44 percent of all food waste generated in the U.S., and it's estimated that 20 pounds of food is wasted per person per month.

The last two U.S. Congresses have the dubious honor of being the least productive in modern history. With gridlock at the federal level showing no signs of abating, advocates of all stripes are now looking to the states, and even cities, to get their policies implemented.

A friend observed recently that he feels like his 45 rpm life is being played on the 78 rpm setting. Now, I know that only those of you as old as I am will get his reference, but his observation put into words what many if not most of us feel.

The entrepreneurial spirit of the food retail industry is embodied in the role of the store manager. Arguably, no other industry position is so in tune with the community, so motivated by the personality and determination of an individual or so resilient in the face of competition.

A Letter from the President and CEO
Leslie G. Sarasin

If — in cartoon fashion — we could read the thought bubbles above the head of each food shopper capturing their internal dialogue as they walk the supermarket aisles, we would know that their minds are a whirlwind of activity.

Imagine visiting a food retail corporate headquarters and asking the chief merchant officer who heads up millennial insights rather than the customary question of who is in charge of a particular grocery category.

Successful food retailers share common attributes: we're meticulous, we're methodical, we appreciate food and business trends, we respect community, we're competitive and we love our customers.

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