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.
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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 total revenue increased 10.6 percent 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
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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, Blue Star said.
“We are thrilled to join forces with this
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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 net sales increased 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,
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The Kroger Co. is contending it will continue to lower prices after its merger with Alberstons in the face of another lawsuit attempting to block their merger.
Phil Weiser, the attorney general in the U.S. state of Colorado, filed a lawsuit in Denver District Court on 14 February to block the proposed USD 24.6 billion (EUR 22.8 billion) merger between Cincinnati, Ohio, U.S.A.-based Kroger and Boise, Idaho, U.S.A.-based Albertsons.
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A variety of seafood from Alaska – especially pollock – is heavily featured in U.S. restaurant chains’ limited-time offers during the Lenten season, which began 14 February and runs through 28 March.
Among the numerous nationwide seafood meals available for Lent is a pollock fish sandwich from Jack in the Box, Alaska flounder fish tacos from Taco John’s, an Alaska flounder fish sandwich from Popeye’s, a pollock fish
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Coinciding with the start of Lent on 14 February, numerous U.S. restaurant chains are rolling limited-time offers featuring lobster, shrimp, and cod.
One of the biggest U.S. seafood restaurant chains, Orlando, Florida, U.S.A.-based Red Lobster, is bringing back its popular Lobsterfest promotion and adding several new shrimp and lobster dishes to its menu, including Lobster Lover’s Dream featuring twin North American lobster tails and
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Inflation on seafood prices at U.S. retailers continued to ease to start the new year, but that did not lead to increased sales of seafood, as fresh and frozen seafood sales and volume dipped in January.
Frozen seafood prices declined 6.6 percent to USD 7.32 (EUR 6.80) per pound on average year over year, according to new Circana data analyzed by 210 Analytics. Fresh seafood prices dropped 3.6 percent year over year to an average price of USD
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The U.S. Department of Agriculture is planning to purchase 15.2 million pounds of Alaska pollock, along with 173,000 cases of canned salmon.
The USDA is asking suppliers to bid on 7.6 million pounds of frozen pollock fish sticks and 7.6 million pounds of frozen pollock fillets. Bids are due by 22 February.
If the USDA fulfills all its new contract requests, it would be the third-largest single award the USDA has filed in its history, the Genuine
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Quick service restaurant (QSR) operators are looking to expand their seafood offerings beyond fried fish sandwiches, with an aim of implementing healthier dishes featuring salmon, shrimp, and other seafood onto their menus, according to restaurant industry experts speaking at the 2024 Global Seafood Marketing Conference (GSMC), which took place in Orlando, Florida, U.S.A. from 23 to 25 January.
“In today’s world, at lunch, you sell a
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