Seafood restaurant chains are expanding throughout the U.S., as the entire restaurant industry is capitalizing on what has been a profitable summer.
The Wee Chippy, which started as a single shop in Venice Beach, California, in 2013, is one such chain, with multiple openings planned for 2024 in several states, founder Joe Gorrie told SeafoodSource.
The restaurant operator recently signed a 30-unit development deal – its first franchise
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Subway, a chain of sandwich shops with thousands of locations across the U.S., is reportedly on the verge of being sold.
Roark Capital, which already owns the Arby's and Buffalo Wild Wings restaurant chains, is nearing a deal to buy Subway for around USD 9.6 billion (EUR 8.8 billion), the Wall Street Journal reported. The deal could be finalized as soon as the end of the week.
Subway did not respond to SeafoodSource’s requests for
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TH International Limited, known as Tims China, began a nationwide expansion of Popeyes in China on 19 August when it opened its flagship restaurant in Shanghai.
The restaurant, which serves several seafood items, including the chain’s signature popcorn shrimp, is the first of at least 10 Popeyes restaurants that Tims China will open in Shanghai this year, it said in a press release.
Tims China, founded by Cartesian Capital Group and Tim
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Cincinnati, Ohio, U.S.A.-based Kroger, the country’s largest grocery chain operator, with more than 2,700 grocery stores, has become the top seller of sushi in the U.S.
Kroger sold 44 million sushi rolls in 2022, a spokesperson told Business Insider, even though Kroger only sells sushi at two-thirds of its outlets.
The company, which reported an operating profit of USD 4.1 billion (EUR 3.7 billion) on USD 148.3 billion (EUR 136.6
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A recent industry report from Wells Fargo has taken a decidedly neutral stance on the overall outlook for the U.S. seafood industry over the remainder of 2023, referencing positive news for certain species like snow crab but continuing woes for other market sectors to back up its mixed prediction.
The report, “Wells Fargo Agri-Food Institute’s Industry Update - Q2 2023,” listed overall food prices and demand as major factors
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The Fresh Market is rolling out several new “market meal kits,” including some seafood options, and Tampa, Florida, U.S.A.-based seafood restaurant chain Bonefish Grill is also promoting its catering and seafood meals as parents across the U.S. prepare for the start of the school year.
The Fresh Market is a Greensboro, North Carolina, U.S.A.-based operator of 160 grocery stores.
“With the start of the school year and the
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At entertainment and sports venues across the United States, where fans often enjoy pizza, hot dogs, nachos, and other stadium cuisine staples, seafood is typically absent from arena menus.
A newly minted partnership is on a mission to change that, however, and has picked a seafood-loving city to launch its innovative campaign: Seattle, Washington.
“Coming out of the Covid era, U.S. consumers have retained their desire to live healthier
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Grand Rapids, Michigan, U.S.A.-based Meijer, a U.S. grocery chain that operates over 250 stores nationwide, is seeking Best Aquaculture Practice (BAP)-certified seafood and other sustainable products at an upcoming summit the company is hosting.
The grocery chain recently announced that the second annual Sustainability Summit, which will take place virtually from 11 to 13 October, aims to expand on last year’s inaugural event “to
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Record high inflation and soaring energy costs that have left U.K. consumers in a financial bind have started to abate recently, but the collapse of retail giant Wilko, which operates over 400 stores across the U.K., highlights the toll the recent economic climate has taken on the entire industry.
Wilko went into administration on 10 August and called in administrators after it could not secure a rescue deal. This signals the extent of the
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Aldi U.S. recently announced its acquisition of about 400 Winn-Dixie and Harveys Supermarket stores, highlighting the increasing trend of shoppers seeking out discount groceries as a response to inflation.
Aldi signaled the acquisition might also just be the start for the chain, as it may looking to make other grocery acquisitions in the near future, Insider Intelligence Analyst Rachel Wolff told SeafoodSource.
Earlier this year, Batavia,
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