Christine Blank

Less than a month after hiring a CEO that specializes in restructuring failing restaurant brands, struggling seafood restaurant chain Red Lobster is exploring bankruptcy. Executives with Orlando, Florida, U.S.A.-based Red Lobster, which operates around 650 restaurants globally, have been seeking advice from the Atlanta, Georgia, U.S.A.-based King & Spalding law firm as they consider filing Chapter 11 bankruptcy, Bloomberg reported. The news… Read More

Seafood prices continued to decline in March 2024, but the drop is not yet translating to higher sales.

Frozen seafood sales fell 6.4 percent by volume and 5.7 percent by value to USD 870 million (EUR 819 million), and fresh seafood sales dropped 3.2 percent by volume and 4.6 percent by value to USD 819 million (EUR 771 million), according to Circana data analyzed by Lakeland, Florida, U.S.A.-based 210 Analytics. Only shelf-stable seafood sales

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Charles C. Foot, Jr., the former attorney general of Louisiana and a partner at the New Orleans, Louisiana, U.S.A.-based law firm of Kahn Swick & Foti, has initiated an investigation into Conagra Brands’ claims over the sustainability of its seafood. 

Conagra is one of the largest frozen food manufacturers in the U.S. and owns the Mrs. Paul’s and Van de Kamp’s frozen seafood brands, in addition to

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The U.S. Department of Agriculture’s Special Supplemental Nutrition Program for Women, Infants, and Children (WIC) program updated its rules to include more seafood. The program, which provides nutritious foods to more than six million women, infants, and children who are at risk of not getting enough nutritious food, will add six ounces of canned fish to food packages for all children up to four years of age, up from the previous rule of five… Read More