Restaurants battle high prices to bring customers back to shrimp
Shrimp has had a tough year. With farmed varieties hit by bad weather and disease, and wild domestic shrimp recovering from last year’s Gulf of Mexico oil spill, prices of the crustacean have been rising all year. Meanwhile, consumers have been tightening their purse strings, foregoing even small luxuries such as seafood. Shrimp orders in restaurants have fallen by 3 percent in the year ended in June, continuing a trend of the past several years, according to consumer research firm ...
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Contact: Desiree Torres Desiree.Torres@penton.com