Initial same store sales reports for the first week of June show that independent grocery sales were down 1.46 percent compared to the same period in 2018. Customer counts were down 1.61 percent.
Recap PPI for final demand advances 0.1% in May; services increase 0.3%, goods fall 0.2%
The Producer Price Index for final demand rose 0.1 percent in May, as prices for final demand services increased 0.3 percent, and the index for final demand goods declined 0.2 percent. The final demand index increased 1.8 percent for the 12 months ended in May. Read more
FMS Solutions Holdings LLC (FMS) — Since 1974, FMS has helped independent retail grocers succeed by transforming historic accounting activities into timely, accurate decision support tools. The company’s keen understanding of the challenges the industry faces has positioned it as the National Grocers Association’s (NGA) preferred provider of industry benchmarking, best practices and mission-critical decision support. FMS is headquartered in Maryland with additional offices in Pennsylvania, New Jersey, Florida, Tennessee, Nebraska, Oregon, and Ontario, Canada. FMS services organizations in more than 4,200 locations across North America and the Caribbean, enabling them to improve profitability through better decision support. To learn more about FMS, please call 877.435.9400 or visitwww.fmssolutions.com.
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