FMI's Harig: Food industry must brace for disruption due to tariffs
Despite the uncertainty, FMI's Andy Harig advised industry stakeholders to remain adaptable, transparent, and communicative with customers.
Despite the uncertainty, FMI's Andy Harig advised industry stakeholders to remain adaptable, transparent, and communicative with customers.
Tariffs are a major concern for grocery shoppers. Many express concern that nonfood tariffs will increase the price of food products.
FMI and retailmediaIQ's webinar on key nonfood trends, with five expert speakers, is now available on YouTube.
FMI’s Vice President of Research and Insights, Steve Markenson, emphasized the toll economic uncertainty is taking on shopper confidence.
“Together, we are well-positioned to address the challenges and seize the opportunities that lie ahead,” writes Jennifer Hatcher, FMI’s Chief Public Policy Officer and SVP of Government and Member Relations.
As the U.S. navigates evolving trade policies, FMI president and CEO Leslie Sarasin reaffirmed the food industry’s commitment to working with the Trump administration.
FMI’s research highlights the importance of proactive investment in asset protection to maintain industry trust and stability.
“The uncertainty and inflationary pressures created by reciprocal tariffs are a major worry for American consumers and our food industry member companies.”
The survey findings suggest that the grocery industry must prioritize trust, technology, and workforce planning to navigate ongoing labor challenges.
FMI has partnered with retailmediaIQ for an upcoming webinar featuring industry leaders who will discuss the future of nonfoods in grocery retail.
“Shoppers are including meat in 90% of home-cooked dinners.” — Rick Stein, FMI
“Today’s extension is critical to allow the industry to meet the regulation’s intent while ensuring FDA is able to receive and utilize the data it needs to improve food safety more efficiently with the least impact on consumer prices.”
FMI is celebrating the theme by emphasizing the importance of family meals through its Family Meals Movement.
This insightful webinar will cover key trends in nonfoods, including strategic collaboration, emerging product categories, and the increasing role of health-driven purchasing behaviors.