Blue Star Foods reported a net loss of USD 3.7 million (EUR 3.6 million) in the third quarter of 2022, but it increased its quarterly revenue from its soft-shell crab recirculating aquaculture system (RAS) to USD 500,000 (EUR 481,000).
The Miami, Florida, U.S.A.-based seafood supplier reported a 28 percent revenue increase to USD 10.7 million (EUR 10.3 million) for the first nine months of the year. It had posted losses of USD 1.4 million (EUR… Read More
The U.S. Food and Drug Administration is stepping up traceability recordkeeping requirements for suppliers of seafood and other fresh foods via the issuance of a new final rule.
The rule is designed to reduce contaminated food through the food supply, whether sourced in the U.S. or abroad.
“FDA will be able to more rapidly and effectively identify the origin and route of travel of certain contaminated foods to prevent or mitigate foodborne… Read More
Red Lobster sales and profits continue to struggle, but Thai Union executives said they are confident in the Orlando, Florida, U.S.A.-based restaurant chain’s strategy for a turnaround.
Thai Union realized record sales and net profits in the third quarter, but the company suffered losses from Red Lobster. Thai Union reported losses of THB 456 million (USD 12.4 million, EUR 12.37 million) attributed to Red Lobster – much higher… Read More
Target unveiled a new larger store format – nearly 150,000 square feet – along with expanded food and beverage options and enhanced fulfillment for its surging online orders.
The retailer said in a press release it will continue to operate stores of all sizes, but it plans to focus on the new larger format – more than 20,000 square feet larger than Target’s average store – in the next few years …
Photo… Read More
A number of U.S. seafood restaurant chains are offering specials for Veterans Day on 11 November.
McCormick and Schmick’s, which offers a Veterans Day Appreciation event every year, is celebrating veterans on 13 November, offering veterans of the U.S. military, National Guard, Gold Star parents, and Gold Star spouses to enjoy a select half-priced entrée on Sunday, 13 November,” the restaurant chain said on its website.
The… Read More
Aldi Australia is rolling out several new frozen seafood items and bringing back customer favorites in order to capitalize on the lead-up to the Christmas season.
“Each Christmas, Aldi work closely with their business partners to ensure shoppers have access to the best seafood at competitive prices – including the return of the much-loved Lobster Tails Extra-Large Australian Tiger Prawns, and Extra-Large Scallops with Maple-Flavored… Read More
St. Petersburg, Florida, U.S.A.-based seafood supplier Seven Seas International is voluntarily recalling Giant Food private-label Sockeye Smoked because it has the potential to be contaminated with Listeria monocytogenes.
The recalled product, which includes 540 cases under only one lot number, was distributed by Carlisle, Pennsylvania, U.S.A.-based Giant Food in the U.S. states of Maryland, Virginia, Washington, Delaware, and the city of… Read More
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 More
Former 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 More
Costa 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 More