Survey finds 2019 investments by food retailers paved the way for meeting 2020 consumer demands.

The annual The Food Retailing Industry Speaks (Speaks) report, released today by FMI—The Food Industry Association, finds that in 2019 the food retail industry saw strong operational performance, which helped the industry face challenges in 2020. At the same time, outside forces including trade, credit/debit card interchange fees and health care costs impacted food retailers and kept profit margins steady.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20201007005037/en/

“The Food Retailing Industry Speaks” report finds that in 2019 the food retail industry saw strong operational performance, which helped the industry face challenges in 2020. (Graphic: Business Wire)

“In 2019, the food retail industry saw same store sales rise to 3.3%,” shared Leslie G. Sarasin, president and CEO of FMI. “Food retailers experimented with new technologies, online sales, and health and well-being initiatives.