U.K. restaurants – including fish-and-chip shops – are facing unprecedented energy, food, and other costs, and say they are battling back against the government’s recommendation not to further raise their prices.
Hospitality trade group UKHospitality is criticizing Bank of England Governor Andrew Bailey’s suggestion that businesses should not raise prices above the rate of inflation, even though energy
… Read MoreU.S. food-price inflation for the 12 months ending February 2023 was 10.2 percent at home and 8.4 percent away from home,
Despite inflation, direct consumer foodservice spending rose 6 percent last year and resulted in USD 606 billion (EUR 559 billion) in sales, according to Circana, formerly IRI and The NPD Group.
Speaking at the CircanaGrowth Summit in Las Vegas, Nevada, U.S.A., 20 to 22 March, 2023, Circana Food and Foodservice Industry
… Read MoreRoger Berkowitz, former president and CEO of restaurant chain Legal Sea Foods, has big plans for his new e-commerce venture, Roger’s Fish Co.
Based in Salem, New Hampshire, U.S.A., Roger’s Fish formally opened its doors to the public this week, shipping premium seafood to customers across the U.S. The new concept, the company said in a press release, will make premium seafood available to everyone to cook at home, and provide
… Read MoreAs consumer demand for value-added meals continue to grow, Lakewood, Colorado, U.S.A.-based Natural Grocers aims to provide frozen seafood meals in a convenient format. While many U.S. grocery chains tout their fresh seafood meals to go and marinated/seasoned seafood items, Natural Grocers, which operates 162 stores in 20 states, is promoting the value and flexibility of frozen seafood meals.
Its good4u Seafood Meals in Minutes program, launched
… Read MoreSeafood suppliers and restaurant operators have worked to increase brand awareness throughout the Lenten season, which runs from 22 February through 6 April.
Red Lobster is among the restaurant chains heavily promoting seafood dishes throughout the season, while Morey’s and SeaPak offer recipes and contests.
St. Simons Island, Georgia, U.S.A.-based Morey’s, owned by Rich Products, is sponsoring a Morey’s Friday Night
… Read MoreA man from the U.S. state of Florida posing as a buyer for Safeway defrauded San Francisco, California, U.S.A.-based Arctic Seafood out of USD 432,000 (EUR 410,000) or more, the U.S. government said in federal court documents.
In early January, David Subil placed an order for Russian king crab from Arctic Seafood, which released the seafood from a Stanwood, Washington, U.S.A.-based North Star Cold facility.
The U.S. Department of Homeland
… Read MoreInflation is still a problem for the grocery industry, but it is not impacting seafood as much as previous months.
Food-at-home prices rose 0.3 percent in February 2023 versus January 2023, and it is up 10.2 percent versus last February, according to the U.S. Bureau of Labor Statistics’ Consumer Price Index. Food away from home prices rose 0.6 percent from January to February 2023 and 8.4 percent compared to February last year.
Fish
… Read MoreU.K. food prices are rising at the fastest rate in over 40 years, according to new data from the U.K. Office for National Statistics.
Grocery price inflation rose again in February, reaching 17.1 percent in the four weeks to 19 February, the highest level ever recorded by research firm Kantar. As a result, overall take-home grocery sales by value increased by 8.8 percent during the four weeks and by 8.1 percent for the most-recent
… Read MoreTwo U.S. seafood suppliers are unveiling new packaging at the 2023 Seafood Expo North America, taking place 12 to 14 March in Boston, Massachusetts, U.S.A.
Bellingham, Washington, U.S.A.-based Trans-Ocean Products, which will be at Booth #557 at Seafood Expo North America, is revamping packaging for its top-selling products, including Crab Classic and Simply Surimi Seafood & Snackers. The complete packaging refresh – including
… Read MoreAs consumers continue to demand value-added seafood meals, Pescanova USA is launching several new ready-to-cook seafood products for retail at Seafood Expo North America, taking place 12 to 14 March in Boston, Massachusetts, U.S.A.
The Coral Gables, Florida, U.S.A.-based firm, owned by Redondela, Pontevedra, Spain-based Nueva Pescanova, is launching frozen Shrimp Skillet Meals and Shrimp Skewers at the expo, and will be serving them,
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