The Food Retail Industry Speaks 2020, What Are They Saying? | June 28, 2020

The Food Retail Industry Speaks 2020, What Are They Saying? | June 28, 2020

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FMI Released 71st Annual The Food Retail Industry Speaks Report in 2020

As a signature piece of research, FMI's Food Retailing Industry Speaks offers business-planning insights for its members. The Speaks survey represents more than 37,000 food retail stores and includes 2019 operational and financial benchmarks and illuminates grocers’ strategic and tactical decisions. This year’s survey also asks retailers to provide perspective on the first few months of the COVID-19 pandemic. 

Unpack the key findings and offer unique perspectives from FMI leadership regarding its 71st annual analysis. This presentation provides context to a challenging year for food retail operators and share opportunities for growth.

Listen to a discussion hosted by Leslie Sarasin that included Mark Baum, Jennifer Hatcher and Dr. Hilary Thesmar.

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Leslie G. Sarasin

President and CEO

FMI - The Food Industry Association

Leslie G. Sarasin is the President and CEO of FMI – The Food Industry Association. Under her leadership, FMI has become a member-centered organization, helping food retailing venues find innovative ways to feed families and enrich lives. Before joining FMI 16 years ago, Sarasin was the president and CEO of the American Frozen Food Institute. She holds a JD from the University of San Diego and a BA in economics from Smith College. 

 Sarasin is admitted to practice law in California and the District of Columbia. She serves on the Boards of the U.S. Chamber of Commerce, Partnership for a Healthier America, and the Congressional Hunger Center. She is also involved with the National Association of Manufacturers and the International Women’s Forum of Washington, D.C. and serves on the Business Advisory Council of Western Kentucky University’s Gordon Ford School of Business. 

 Sarasin has been recognized multiple times as a Progressive Grocer “Top Women in Grocery” and among Mass Market Retailer’s “Most Influential Women.” She received the Hospitality Good Scout Award in 2019 and was named “Association CEO of the Year” by CEO Update in 2021. 

Mark Baum

Chief Collaboration Officer & Senior Vice President, Industry Relations

FMI

Jennifer Hatcher

Chief Public Policy Officer & Senior Vice President, Government Relations

FMI

Jennifer's passion for the value of community and business associations has deep roots, emanating from her family's ownership of three diverse small businesses in her native Knoxville, Tennessee.  Here she experienced the valued camaraderie, creativity and the positive impact of trade associations -- goals she has sought to achieve throughout her professional career. 

 Jennifer serves as Chief Public Policy Officer for FMI - the Food Industry Association overseeing FMI’s federal, state and regulatory efforts on public policy, legislative and political issues impacting the food industry. Jennifer has supported the expansion and growing complexity of the association for the past two decades that now includes retail, wholesale and manufacturing operations reflecting the full spectrum of the supply chain.  She has been involved in leading successful advocacy efforts to reform the debit card marketplace; legislate and implement the Food Safety Modernization Act; and to preserve the confidentiality of business data via a U.S. Supreme Court case, FMI v. Argus Leader.  

Jennifer has been recognized by the industry as a Top Woman in Grocery, 2016; and as one of The Hill’s Top Lobbyists, 2020, 2021.  She was recognized in 2022 as Association Lobbyist of the Year by CEO Update. 

 Previously, Jennifer served as Chief of Staff to United States Congressman Spencer Bachus (AL), later Chairman of the House Financial Services Committee; Special Assistant and White House Liaison at the U.S. Department of the Treasury during President George H.W. Bush’s Administration; and a White House intern during President Ronald Reagan’s Administration. Jennifer has an undergraduate degree in Political Science and Communication from Vanderbilt University and a master’s in Government from Johns Hopkins University. 

In her volunteer work, Jennifer is immediate past Chair of the Board of the Friends of the National Arboretum (2019-2021), charting a successful path for growth for the organization during an incredibly challenging time for non-profits. She is also a member of the DC Board of Directors of Common Threads providing children and families cooking and nutrition education. 

Dr. Hilary Thesmar, PhD, RD, CFS

Chief Food and Product Safety Officer & Senior Vice President, Food Safety Programs

FMI-The Food Industry Association

With over 20 years of experience in food science, food safety, and food and agriculture policy, Dr. Thesmar provides leadership for FMI’s retail, wholesale and product supplier members on scientific and technical issues such as food safety training programs, regulatory strategy, recall plans and management, crisis management, research, and health and well-being programs. 

Dr. Thesmar earned a Ph.D. in Food Technology from Clemson University, a Master of Science degree in Human Nutrition from Winthrop University, a bachelor’s degree in Food Science from Clemson, and she is a Registered Dietitian.  Dr. Thesmar is a Fellow of the Institute of Food Technologists, an active member of the International Food Protection Association and the Academy of Nutrition and Dietetics.  

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The Food Retail Industry Speaks 202: What Are They Saying?
Open to view video.  |  30 minutes
Open to view video.  |  30 minutes