New Food Industry Survey Shows Immense Pressures Facing Food Retailers

A new survey from the Food Industry Association shows that food retailers continue to operate under extreme, unusual challenges. Between inflationary pressures, supply chain disruptions and labor shortages, many food retailers report having to navigate an “extreme obstacle course.”

The trade group FMI reported that the data primarily represents challenges food retailers and supply chain partners faced in 2021, from just over 38,000 stores and $160 billion in food product sales. FMI says retailers remain concerned over the unique challenges of the last few years that are slated to get more complex toward the end of 2022 and into 2023. However, the report also indicated that the food industry had shown tremendous resolve even during economic volatility.

Read more on the food industry survey here.