DALLAS — Food Marketing Institute on Monday said it had formed a partnership with TopSource to provide FMI members with savings on not-for-resale items.
The announcement was made from the FMI2012 convention here, which kicks off Monday and lasts through Thursday, May 3.
“This new partnership with TopSource addresses FMI members’ needs as they enhance their businesses, create efficiencies in operations and address their ultimate bottom lines,” said Leslie G. Sarasin, FMI president and chief executive officer, in a statement.
TopSource is a subsidiary of private-label cooperative Topco Associates.
Steve Smith, president and CEO of K-VA-T Food Stores, Topco’s chairman and past FMI chairman, said, “As an active member of both FMI and Topco, I am confident that this partnership will provide tremendous value to independent retail members of both organizations.”
FMI said more details on the partnership will be announced in the coming months.