SeaFood Business

MAR 2013

SeaFood Business is the global trusted authority for seafood buyers and sellers. We are the seafood industry's leading trade magazine with more than 30 years of experience. Our coverage is based on the "business" of buying and selling seafood.

Issue link: https://seafoodbusiness.epubxp.com/i/112398

Contents of this Issue

Navigation

Page 24 of 100

Throw Backs 2008 Fresh & Dif���cult Small-format store���s high aims ultimately miss the mark A mericans love supermarkets. But in 2007, Fresh & Easy, the smallformat grocery store from British retail giant Tesco, was seen as a pioneer of a new retail movement that had put competitors on guard. ���Te last thing you want to do is be on the outside looking in,��� said Tom DeMott, COO of Encore Associates in the article Small Package, Big Expectations. March 2008 Vol. 27, No. 3 But what works in some places simply doesn���t in others, which Tesco learned the hard way. In late 2012, Tesco began folding its U.S. tents after years of struggles with the concept. Some saw it coming: ���Lack of service and the generic look are hurting them and right now they���re in complete denial,��� said Joseph Sabbagh, president of Sax Maritime Associates. 2010 Ace of clubs March 2010 Vol. 29, No. 3 Big-box discount stores revolutionize retail seafood A mericans love a deal. As the article In the Clubhouse explained, members-only discount warehouses ful���ll their promises to stretch the tightest budgets, even during a recession. How they do it, especially with seafood, is no secret: Keep selection to a minimum, hit attractive price points and sell only what sells without marking up the product as high as traditional supermarkets do. Club stores like Costco Wholesale, BJ���s Wholesale Club and Sam���s Club o���er value that shoppers are unlikely to ���nd elsewhere. And their impact on the seafood supply chain is equally big. For instance, legendarily strict specs for products like fresh salmon ���llets forced suppliers to innovate and concentrate on quality and dependability, and the entire industry reaped the bene���ts. 2012 Beating the cheats Newspaper expos�� shines bright light on species substitution A mericans love a story. But they don���t like being lied to. When the Boston Globe investigated seafood fraud throughout the city, use of vernacular ���sh names on restaurant menus ��� and outright deception regarding the species actually on the plate ��� had gotten reckless. Employing DNA technology to take the guesswork out of species identi���cation has helped to bring 18 SeaFood Business March 2013 March 2012 Vol. 31, No. 3 awareness to bait-and-switch substitution. And as described in the article Law and Order, authorities were starting to catch up to scammers. ���Te motive is to make money and the mentality is ���anything it takes��� to make money,��� said Wayne Hettenbach, a trial attorney for the U.S. Department of Justice who prosecuted a scheme involving more than 100,000 pounds of pangasius labeled as grouper. For updated NEWS, go to www.SeafoodSource.com

Articles in this issue

Links on this page

Archives of this issue

view archives of SeaFood Business - MAR 2013