Retailers using current salmon price decline to expand margins by raising promo prices
SEAFOODNEWS.COM by Michael Ramsingh - October 31, 2014
Retailers are still making up for some lost margins in their promotional salmon sales this fourth quarter as ad prices continue to remain stable to slightly higher during a seasonal plummet in the wholesale market.
Promotional salmon prices trended 6 percent higher on average in retail stores this month compared to last October and are up roughly 4 percent from 2011.
This retail behavior directly contrasts the current wholesale market situation where prices have been in a seasonal decline since the summer...
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