With cheap wholesale prices, consumers must be benefiting by paying less for lobster, right? Not necessarily. So what's going on here? Why are some businesses lowering their lobster prices while others aren't? This situation illustrates a key pricing concept — value-based pricing — that all companies can learn from. …
The newest King of American Seafood has a mohawk under his crown. Chef Gregory Gourdet of a Portland, Ore., modern Asian restaurant won the ninth annual Great American Seafood. Competition Saturday afternoon in Hall J of the Ernest N. Morial Convention Center. He prepared a slow-cooked dish of chinook salmon, the Oregon state fish. …
Tyson Foods, Inc. today announced the establishment of a new $1 billion credit facility that is expected to reduce the company's annual interest expense and enhance its already strong balance sheet. …
President Barack Obama, campaigning in Iowa today, will announce $170 million in government meat purchases and urge Congress to pass an agriculture bill that provides aid for farmers struck by drought, the White House said. …
Smithfield Foods, Inc. announced today that it is issuing its first-ever Integrated Report that provides shareholders, customers, consumers and other stakeholders with a complete review of both the company's financial and sustainability results for fiscal year 2012 in one publication. …
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