Maruha Nichiro to raise prices on canned, frozen foods amid soaring costs
The Japanese seafood giant will raise prices on 138 household food items, including canned goods and frozen foods, by up to 15% starting February 2025 due to rising production and logistics costs
Maruha Nichiro CEO eyes global markets as overseas profits hit 50%
Maruha Nichiro Corp is ramping up its global expansion efforts as overseas operations now account for half of the company's profits
UK fish, chip shops sweat cut to Barents Sea cod quota
The cost of a chip supper is only going to rise, it seems, with the Atlantic cod supply dropping in 2025 and the tariffs on Russian whitefish in place since July 2022
Maruha Nichiro to accelerate global expansion with new regional headquarters
The Japanese seafood giant plans to establish regional headquarters in North America, Europe, China, and Asia-Oceania to bolster its global expansion
Nissui to hike frozen, shelf-stable prices by up to 30% amid rising cost
The Japanese seafood giant will raise prices on its frozen and shelf-stable food products by up to 30% starting in 2025, citing rising costs for raw materials, labor, and packaging
Canadian Atlantic salmon production in British Columbia plunges nearly 42%
2023 marks the first time the province accounted for less than half of Canada's finfish output
Oman’s Simak launches first tuna consumer products
Simak, a firm owned by Fisheries Development Oman, has officially launched its new line of commercial canned tuna products in the domestic market
BC salmon farming ban to cost Canadians $6.4bn, according to new economic report
The First Nations representatives voiced their dissatisfaction with the 'insufficient' consultation process and want to start a new transition plan with the federal and provincial governments
US consumer spending expected to reach new high during holidays
Consumer holiday spending is expected to reach a new high of $902 per person this year, according to the National Retail Federation
Red Lobster soon to have Hollywood moment
The film, based on a book revolving around a fictional Red Lobster manager, will feature actors from 'Narcos' and 'The Handmaid's Tale'