FMI CEO: ‘Groceries are beautiful,’ but tariffs threaten affordability
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.
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.
Retailers are experiencing the most rapid growth in breach-related expenses and must recognize that their previous immunity to large-scale breaches is dissipating.
Key sectors contributing to the job gains included health care, social assistance, transportation, and retail.
“Reciprocal tariffs that do not reflect ingredient and input availability concerns will inevitably raise costs.”
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“The President’s plan is not a targeted attempt to protect American innovation or national security but will hit every family’s budget.”
The ceremony honored nine distinguished individuals across three categories: Private Brand Champion, Private Brand Innovator, and Lifetime Achievement.
“The uncertainty and inflationary pressures created by reciprocal tariffs are a major worry for American consumers and our food industry member companies.”
“Tariffs are a tax paid by the U.S. importer that will be passed along to the end consumer. Tariffs will not be paid by foreign countries or suppliers.”
Liquid Supply Chain offers prescriptive recommendations for inventory allocation, identifies new revenue opportunities, and enhances demand planning and distribution processes.
“There is nothing more important to us than being the best place to work for our people,” said Colleen Wegman, president and CEO of Wegmans Food Markets.
“Overall, the economy has shown continued momentum so far in 2025 — bolstered by low unemployment and real wage gains,” said NRF President and CEO Matthew Shay.
The survey findings suggest that the grocery industry must prioritize trust, technology, and workforce planning to navigate ongoing labor challenges.
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