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FMI names government relations lead
Arlington, Va. -- The Food Marketing Institute said Tuesday that it has appointed Robert Rosado as director of government relations.
According to FMI, Rosado will focus on legislation that impacts supermarkets in the areas of food safety, health care, food deserts and the 2012 Farm Bill.
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Deloitte survey: Consumer spending drops sharply in March
New York City -- A survey released Tuesday by Deloitte found that falling home prices and rising energy costs have negatively impacted consumer purchasing power.
The Deloitte Consumer Spending Index tumbled in March due to a drop in real home prices and a decline in real wages driven by rising energy prices. The Index tracks consumer cash flow as an indicator of future consumer spending.