There’s no stopping the rise of the German discounters, it seems, as Aldi and Lidl have been named top in a list of the UK’s favorite brands of 2015. Recently the two international chains have...
Trade
UK Supermarkets Lower Prices To Compete With Aldi + Lidl
Aldi UK 2015 Morrisons 2015
Wegmans Follows Kroger Into Collusion Claims
Adding yet another high profile name to the price fixing case against the US Big Three, major US grocery store Wegmans has joined Kroger and a number of others in filing an anti-trust lawsuit...
$25 Million Bank Loan For Tri Marine’s ‘The Tuna Store’
Tri Marine’s US distribution subsidiary, The Tuna Store, is to be injected with a USD 25 million credit line aimed at supporting the company’s rapidly growing business. But Tri Marine won’t be...
Why Thai Buyers Paid More For Taiwan’s Tuna
The top two tuna delivering fleets to Bangkok traders have been pocketing very different prices for their catch, with Taiwan shipments fetching an average of more than USD 250 per ton more...
Thai Union Stock Jumps Up
With the most bullish movement in months, Thai Union’s stock value has significantly gained strength, as per-share price shoots up seven percent in just one day. After a tough couple of months...
Kroger Doesn’t Trust US Big Three Anymore
America’s second largest retail chain, Kroger, with nearly 4,000 stores across the US, has become the latest firm to cast doubt over the integrity of the US Big Three tuna brands, revealing...
Philippines To Secure Zero Duty With No End?
As the EU and the Philippines launch negotiations for a bilateral free trade agreement (FTA), many might be left wondering what difference such a deal would bring to the current GSP+ trade...
First BKK Skipjack Price Rise In Months
For the first time since August, the price for whole round skipjack in Bangkok (SKJ1.8:BKK) has taken a slight upward trend, with changing mood bringing several buyers back to the market....
Vietnam Expecting Multi-Million Dollar Tuna Export Rise
Vietnamese tuna firms are anticipating a significant eight percent rise in exports this year, raising the estimated total shipment value to up to USD 507 million, according to the country’s...
South America: Can It Maintain Its Competitive Position?
With a population of more than 386 million people and counting, the 12 countries which make up South America were identified in 2015 as ones to watch in the tuna sector, as the area’s markets...
StarKist Pushing To Outstrip Top Competition
Already ruling over 35 percent of the US canned tuna market, StarKist appears ambitious to extend its lead within the top American tuna brands, and is investing heavily in a high profile...
Investors In StarKist Owner Experience Huge Value Loss
Since mid-July, Dongwon Industries’ investors have been hit with a staggering value loss on their holdings in the South Korean tuna fishing firm, with stock price down by nearly one third....
US Tuna Consumers Cheated By Trader Joe’s?
US consumers feel “cheated” on not getting enough tuna in their cans and have hit grocery chain, Trader Joe’s with a class action lawsuit on underfilling. Filed yesterday in Manhattan federal...
The Top Emerging Tuna Buying Trends
Exploiting opportunities and maximizing business potential is an important aim in the tuna industry, and identifying consumer behavior plays a vital part in tuna trade. In dynamic and rapidly...
EU’s Zero Duty Quota Applications Piling Up
Papers have been piling up in EU customs following the kick off to the zero duty tuna loin import quota issued by the European Union. A massive 60 percent of the total 25,000 ton quota for the...
StarKist Revisits Classic 70’s To Connect With “Baby Boomers”
StarKist’s new Charlie the Tuna advert could be a blast from the past for “babyboomers” and “Generation X’s” as the brand has re-worked “a classic” StarKist advert which it first aired on...
Princes: Profits Tumble In Tough Market
Princes is crediting “challenging trading conditions” to a fall in both revenue and pre-tax profits during the last financial year, with the latter down a heavy 18.6 percent YoY. The company...
Six Figures Paid At Final Tsukiji New Year Auction
The first bluefin of the year has been officially sold at Japan’s famous Tsukiji fish market, reaching a price more than three times higher than in 2015. The 200kg fish cost the winning bidder...
US Makes Vietnam Wait 10 Years For Zero Duty
Delving deep into TPP documents, it appears that the US will be making some tuna exporting nations, most notably Vietnam, wait as long as 10 years for a zero percent trade benefit on a number...