Grocery inflation has hit another record high in the United Kingdom, reaching 14.7 percent in October, according to research firm Kantar. In response, consumers are pulling back on seafood purchasing because of higher prices, while retailers are implementing strategies to get shoppers back to the department and focused on seafood for the upcoming holiday season.
Four-week grocery price inflation has hit another record high since Kantar began
… Read MoreFormer Walmart seafood executive Jacqueline “Jacqui” Lyons recently joined privately held Topco Associates as its new vice president of meat and seafood.
Lyons spent the last 27 years at Walmart — most recently serving as a divisional merchandise manager of seafood and seasonal meat. In her new role, Lyons will oversee Oak Grove Village, Illinois, U.S.A.-based Topco’s fresh meat, packaged meat, and seafood departments
… Read MoreCosta Mesa, California, U.S.A.-based restaurant chain King’s Seafood will pay up to USD 350,000 (EUR 358,000) in a class action settlement over a data breach.
U.S. District Judge Cormac J. Carney of the U.S. District Court for the Central District of California said King's Seafood must pay up to USD 3,000 (EUR 3,072) per class-member for monetary loss arising directly from documented identity theft “that is fairly traceable to
… Read MoreBeaver Street Fisheries is rolling out a new Steamer Pot as part of its Sea Best Seafood Festival line.
The Jacksonville, Florida, U.S.A.-based supplier first launched a Sea Best Shrimp & Crab Pot boil-in-bag product in 2018. The new frozen product “addresses a consumer demand for more-interesting seafood options that are easy to prepare at home,” the company said in a press release.
The Shrimp & Crab Pot features traditional
… Read MorePrince Willam Sound Aquaculture Corporation agreed to pay USD 1 million (EUR 1.01 million) as part of a plea deal with the U.S. government
The Cordova, Alaska, U.S.A.-based operator of two salmon hatcheries recently pleaded guilty to illegal disposal of hazardous waste and agreed that the burning of fuel led to the serious injury of an employee, identified as “C.F.” in court documents.
At a sentencing hearing on 9 November in the
… Read MorePrivate investment firm Littlejohn and Co. has led the acquisition of Lipari Foods, a Warren, Michigan, U.S.A.-based specialty food distributor and value-added manufacturer of perimeter-of-the-store specialty foods.
Lipari serves over 7,500 independent and specialty grocers, including more than 2,000 supermarkets and convenience stores, across the United States, with a focus on states east of the Mississippi River. Among the
… Read MoreSeafood is one of the fastest-growing frozen food categories as determined by sales to foodservice companies, according to a new report.
The research also found consumers consider it “highly acceptable” to use frozen ingredients, creating a win-win for both the operator and their customer.
Since 2019, 55 percent of foodservice operators reported an increase in seafood purchases, while 75 percent said they purchased more
… Read MoreU.K. chilled seafood sales continue to decline due to inflation, and the outlook for the holiday season has become grimmer.
For the 12 weeks to 2 October, Chilled fish sales dropped 4.8 percent by value and 9.2 percent by volume, according to Kantar.
“Chilled fish starts at the highest price point per kilo at GBP 12.58 [USD 14.60, EUR 14.66], meaning there is a lower ceiling in price expansion before it starts to impact shopper
… Read MoreThe number of Marine Stewardship Council-certified fisheries continue to grow, increasing from 499 to 539 between April 2021 and March 2022.
The fisheries are collectively responsible for 15 percent of all wild marine catch, up from 14 percent in the previous year, MSC said in its 25th anniversary annual report.
The number of companies certified to supply and sell MSC-certified seafood has increased by 5
… Read MoreThe U.S. Department of Agriculture (USDA) is purchasing up to USD 25 million (EUR 25.1 million) of Gulf of Mexico and South Atlantic wild shrimp, U.S. Representative Garret Graves (R-Louisiana) said in a press release.
Graves said the move will provide relief to Louisiana’s shrimp industry, which has faced several recent hardships: Hurricane Ida and other natural disasters, repeated openings of the Bonnet Carre Spillway, unfair trade
… Read More