FED up with Credit and Debit Card Swipe Fees
Americans pay the highest card swipe fees in the world every time they use a credit or debit card. The credit and debit card companies collect nearly $79 billion each year in these fees. What’s more, consumers may not even realize they are paying these hidden fees ranging from 23 cents to $4 every time they use their cards. In a society that often chooses plastic over coins and cash, this is simply outrageous, and shoppers should not be forced to pay a penalty for using their debit cards – a card that should be less expensive and faster.
Tech Opportunities for Food Retail on Display at CES
As a group of food retailing industry executives who took advantage of an FMI-organized trip to International CES 2017 realized, there is no way around it: Consumers are quite happily and increasingly connected.
2017: What Can We Expect in Food Safety
For most food safety professionals, 2016 was a busy year. More than likely, the ‘Food Safety Modernization Act or FSMA’ was the most commonly discussed topic throughout the food industry-that probably won’t change in 2017. But as we start 2017, we thought we would highlight some things you can expect this year from food safety along with FMI resources that will help you throughout the year.
Managing Your Brand in 2016
In 2016 the food retail industry faced significant challenges and private brands were arguably at the center of every one of the year’s most significant and historical events. Private brands were engaged in the GMO legislation battles in Vermont and the massive efforts on the federal level. Private brands were front and center when it came to updating FDA Nutrition Labeling and Education Act regulations and were at the epicenter of the ground-shaking effects of implementing Food Safety Modernization Act rules, with its systemic overhaul. Through it all, private brand owners navigated government disruptors in addition to managing deflationary pressures; aggressive competitors; grocery shoppers’ increased affinity for prepared foods from non-traditional channels; and stagnate shopper traffic.
2016 for the FMI Foundation Was All About Family Meals and Food Safety
In 2016, the FMI Foundation made huge strides to help Americans eat one more family meal at home each week. September, National Family Meals Month™ transitioned from a social media campaign to a living, breathing campaign alive in stores, on TV, on the radio, and in print and digital advertising.
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