Technology

Our Voice of Food Retail blog offers commentary from FMI subject matter experts on timely and important topics to the food retail industry.

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FACTS & FIGURES
By 2022, online grocery spending could reach

$100 Billion

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  • Food Retail’s Golden Age of Experimentation

    Jan 11, 2018
    Just as the Golden Ages of art, literature and even television helped to shape society and stimulate a culture of creativity; this era of digital experimentation will further transform the future of food and enable food retailers to ...
  • Digital Transformation Takes Food Retail By Storm in 2017

    Jan 2, 2018
    The grocery industry is at a critical tipping point. In January 2017, Nielsen and FMI embarked on a multi-year initiative to explore this unprecedented digital transformation. Initial findings from FMI’s The Digitally Engaged Food Shopper study ...
  • Emerging Issues: Identifying Challenges to Food Retailing

    Jan 2, 2018
    This is where FMI adds significant value to its members and their trading partners. Through our Emerging Issues initiative, we identify issues that have the greatest potential to affect the food industry in the next three to five ...
  • The Lego Legacy of 2017

    Dec 18, 2017
    2017 has been a year of big accomplishments for FMI, but something of a Lego-experience since these huge achievements are the sum of many, many small steps and tiny pieces coming together. Over the next few weeks, FMI will devote its blog platform ...
  • To Speak with One Voice

    Dec 15, 2017
    We refer to this new program as the Unified Voice Protocol and it is FMI’s most recent effort to establish a model approach to proactively perpetuate the environment of trust consumers tell us they enjoy with food retailers and to enhance that trust ...
  • Preparing Food Retailers for the Blockchain Revolution

    Dec 12, 2017
    Built on the foundation of trust and security, blockchain is a technology framework that stores, updates and verifies data across a decentralized peer-to-peer platform. This data is stored in encrypted, timestamped records – or blocks – that link to ...
  • What Will the Role of Store Development Be In The Digital Age of Food Retail?

    Dec 11, 2017
    Food retailers know that digital and mobile technology are influencing shoppers’ expectations for experiences and convenience. Meeting consumer needs will ultimately transform the size, layout and offering in retail ...
  • Fresh Grocery, the Digital Frontier and Supply Chain

    Dec 7, 2017
    In thinking through the conversations at the FMI Executive Forum Roundtable discussions last June, and in other conversations with fresh grocery leadership since then, it has struck me that there was a lot of consensus on the issues of the day, and ...
  • Food Retailing, Meet Silicon Valley

    Dec 7, 2017
    There is little doubt that the leading high-tech producers have discovered the consumer goods and food retailing marketplace. In some cases, technology providers are working as our partners, working together to find automated solutions to problems ...
  • Food Retail at a Digital Tipping Point

    Nov 27, 2017
    We recognize that our industry will reach digital maturity and saturation more quickly than other industries that went online earlier, and we’re predicting that the grocery industry will reach $100 billion in online sales by 2025. Digital will reach ...
  • Grocery Stores Explore More Social Media and Digital Advertising

    Nov 13, 2017
    A couple of years ago, I wrote about how grocery stores used social media with findings from our 2015 Food Retailing Industry Speaks report to make the case that the food retail industry was just beginning to dip their toe in the digital marketing ...
  • Recasting Disruption As Growth Opportunity

    Nov 6, 2017
    If we continue to characterize all things driving change as disruptors, we paint all change in the darker, more negative hues, suggesting that we view it as something we are being thrust into against our ...
  • Digital Transformation in the Grocery Industry

    Nov 1, 2017
    Shoptalk’s third iteration in March is expected to draw 7,500 attendees, and a number of them will be focused on Grocerytalk, a first-ever event in which the food retailing community can engage with each other on topics as timely as “Disruptive ...
  • What Is Your Digital Readiness Score?

    Oct 23, 2017
    Whether the future of food retailing lies with brick-and-mortar stores, online operators or a combination of both is not the question to ask. The real challenge is to ask ourselves how ready are we to leverage digital technology and operational ...
  • A Long Called for Retirement Finally Announced

    Oct 20, 2017
    MasterCard has announced it is officially retiring signature authentication for credit and debit card transactions. This is a huge step in the right direction of once and for all putting signature out to pasture to never be seen ...