This Labor Day, I am grateful for the thousands of grocery workers who day-in and day-out pay attention to the details of their work, who maintain the discipline of devoted sacrifice and service to their communities, and who overcome fear and fatigue to show up for work because others are depending on them.

We believe with the ongoing and accelerating growth of digital/ecommerce including both omnichannel and pure play, as well as increasing labor costs will radically alter retail profit and loss statements. FMI sees the above technologies as both disrupters and enablers of new economics and a new operating model at retail.

It’s always nice to be appreciated and appreciation for private brands has only grown during the COVID-19 crisis. They have been able to meet consumer needs when many manufacturer brands were out of stock at retail.

Water is not just for safety and cleanliness. Water is foundational to our food system as well as to our world’s economy. According to McKinsey & Company’s recent article water is as important to the world’s economy as oil or data.