Seattle Fish Co. and Armand Agra on Nov. 2 announced the acquisition of specialty meat processor Lombardi Brothers Meats.

In 2021, Bensenville, Ill.-based Fortune Fish & Gourmet found itself in a dilemma. Because of limited crab supplies due to a new Alaskan catch quota, Fortune found itself hustling to find product to fill orders and keep prices at levels the market could bear.

As seen since this spring, high prices on fresh seafood continue to dampen sales. Inflation on overall fresh seafood rose 10.9% on average per unit in June, according to IRI and 210 Analytics.  

The record inflation in fresh seafood and across the grocery store this year has led to some innovation promotions and “value” merchandising in the fresh seafood department.  

Throughout July, more than 3,200 retailers have been promoting the Bristol Bay Seafood Association’s Bristol Bay Sockeye Salmon.