Christine Blank, a veteran freelance writer and editor, covers all aspects of the seafood industry, from fishing to processing to selling and serving the final product. When she is not writing for SeafoodSource, Christine gets to taste scrumptious seafood dishes at U.S. restaurants for her food and travel blog, Flavorful Excursions (www.flavorfulexcursions.net). Christine loves to eat seafood of any kind, but lobster, crab and crawfish are among her favorites. In addition to SeafoodSource.com and SeaFood Business, Christine’s articles have been published in hundreds of leading magazines and newspapers, such as The New York Times, USA Today and Associated Press.
The U.S. Federal Trade Commission sued to block the USD 24.6 billion (EUR 22.7 billion) proposed Kroger-Albertsons merger on 26 February. The suit will almost certainly further delay the merger – originally proposed in October 2022.
In the FTC’s suit, the commission argued the tie-up would lead to “higher prices for groceries and other essential household items for millions of Americans.”
“The loss of… Read More
Smoked salmon sales struggled over the past year despite the the categories' gains elsewhere, but new products from Kvaroy Arctic, Ocean Beauty, and Acme Smoked Fish aim to draw new customers to the category in 2024 to reverse the trend.
Sales of smoked salmon declined 7.2 percent year over year across all retailers in the fourth quarter of 2023, per Circana OmniMarket Integrated Fresh data. Specifically, frozen smoked salmon sales dropped… Read More
McDonald’s, Wendy’s and Arby’s are among a few of the major quick service restaurant chains offering specials utilizing Alaska pollock for Lent as they and other restaurant chains add seafood specials for the Lenten season.
Notably missing, though is 7-Eleven, which Seattle, Washington, U.S.A.-based Trident Seafoods and Genuine Alaska Pollock Producers (GAPP) last year on its limited-time pollock fish sandwich… Read More
Major international grocery chains Walmart and Loblaw saw increased sales revenue and operating income in 2023, posting strong performances despite consumer concerns about inflation.
Walmart International reported its to USD 111.7 billion (EUR 108 billion) in FY 2024 – the full-year period ending 31 January. That total was boosted by USD 31.2 billion (EUR 28.8 billion) in revenue in Q4 – an… Read More
Blue Star Foods, a seafood supplier and recirculating aquaculture system (RAS) operator, has signed a new “Master Service Agreement” to supply ingredients to a major value-added seafood meal provider.
The new agreement with the unnamed provider is expected to add USD 20 million (EUR 18.5 million) in additional revenue in 2024 to the Miami, Florida, U.S.A.-based company, .
“We are thrilled to join forces with this… Read More
Foodservice distributor US Foods reported record earnings and profit and sales increases in fiscal year 2023, at the same time it announced the acquisition of broadline foodservice distributor IWC Food Service.
US Foods reported its 4.5 percent to USD 35.6 billion (EUR 33 billion) in 2023, while gross profit increased 11.9 percent to USD 6.1 billion (EUR 5.6 billion). Its FY 2023 adjusted earnings before interest,… Read More