The food industry is instituting innovative strategies to modernize the grocery shopping experience while dealing with increasing asset protection concerns and inflationary challenges, according to FMI – The Food Industry Association’s annual research analysis “The Food Retailing Industry Speaks 2024.” The 75th annual report surveyed food retailers’ and suppliers’ 2023 developments and expectations for the year ahead, finding that while the industry made key strides in addressing longstanding labor and transportation capacity issues, inflation and other financial hurdles caused industry profit margins to fall to pre-COVID-19 pandemic levels. “The food industry continues to demonstrate its
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