Saving Seafood

FMI: Seafood is well-situated in US retail, despite continuing inflation woes

July 16, 2023 — Inflation and other economic headwinds are continuing to impact the U.S. grocery industry, but overall, products like seafood are in a good position to navigate the challenges in the marketplace, according to executives from FMI – The Food Industry Association.

In a 12 July webinar, FMI executives reviewed findings from the organization’s new report, “The Food Retailing Industry Speaks 2023,” which included survey responses from 100 food retail and wholesale companies representing 39,000 stores.

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NFI, FMI partner to standardize seafood buying process

April 29, 2021 — FMI – The Food Industry Association and the National Fisheries Institute (NFI) have teamed up to offer forms designed to standardize the seafood buying process.

The two organizations created fillable forms for retailers and wholesalers to use when sending seafood product specifications to suppliers. The fillable forms allow organizations to indicate their product requirements and enable seafood suppliers to consolidate their communication, FMI and NFI said in a press release.

Read the full story at Seafood Source

Walmart links sustainability initiative to higher seafood sales

October 27, 2020 — Walmart stores that ran a targeted sustainable seafood campaign have seen a significant lift in fresh seafood sales, an executive with the leading global retailer said.

Starting this spring, Walmart launched a massive store signage campaign for both fresh and frozen seafood “to communicate more clearly to customers the quality, value, and sustainability of the seafood they buy at Walmart,” Jacqui Lyons, divisional merchandise manager for seafood and seasonal meat for Walmart U.S. said in a press release from FMI – The Food Industry Association.

Read the full story at Seafood Source

Report: COVID-19 presenting opportunity for retail seafood sales boost

August 14, 2020 — It’s no secret that United States retailers face several challenges, but a new report revealed what could drive Americans to purchase more seafood, particularly during the COVID-10 pandemic.

With any report on seafood comes the commonly known, not-so-great news, and the FMI’s (the Food Industry Association) report, the Power of Seafood, is no different: American seafood consumption lags far behind other major categories.

Read the full story at Seafood Source

Survey on US seafood consumption contains surprises

January 23, 2019 — While almost half of all Americans eat little to no seafood, many Americans love the stuff – and are willing to spend more time shopping for it and more money to buy it so they can eat it regularly.

The Food Marketing Institute’s first-ever Power of Seafood survey of more than 2,000 U.S. shoppers found numerous reasons as to why more Americans aren’t buying seafood, and discovered hurdles preventing even the most ardent fans of seafood from buying more.

FMI Vice President of Fresh Foods Rick Stein presented the initial results of the survey at the 2019 Global Seafood Market Conference in Coronado, California, U.S.A. on 17 January.  FMI surveyed 2,096 grocery shoppers representative of the general U.S. population in regard to geography, age, and gender. FMI also incorporated data from sources including IRI, Nielson, Technomics, and Datassentials into its results. The full results of the survey will be released at the 2019 Seafood Expo North America in Boston, Massachusetts, in March.

Read the full story at Seafood Source