Fruits and vegetables have grown the most in affordability since January 2020
with a 17.3% CPI increase, followed by dairy and related products at 20.5%.
Smaller retailers may find it challenging to absorb the costs associated with compliance, potentially leading to consolidation in the industry or, in some cases, closures.
The US Federal Trade Commission is suing to block the Kroger Co.’s proposed $24.6 billion acquisition of the Albertsons Cos. Inc., alleging it is anti-competitive.
The scope of entities covered by FSMA 204 is extensive, encompassing not only food retailers but also facilities involved in the processing, packing and storing of food.