The Winding Glass: Can Seafood Distributors Survive, and What Will This Summer Look Like?
Datassential reported this week that foodservice sales were down 65% across all sectors due to the impact of COVID-19. But focusing on those sectors most important to the seafood industry, which include midscale restaurants, casual dining, fine dining and institutional users outside of healthcare, the average loss of business was close to 80%.
Further, 86% of all restaurants who were doing take-out said it just didn’t cut it in terms of volume. Most operators expect this situation to last at last three to...
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