US big-box retailer Costco recently began purchasing a portion of the packaged surimi seafood it sells from a new source, after its longtime, exclusive supplier was unable to fulfill the club store chain's needs.

In November, Costco reached out to leading surimi seafood suppliers in search of product after Nippon Suisan Kaisha (Nissui) owned King & Prince, which has held an exclusive surimi seafood supply contract with Costco for many years, experienced supply chain challenges.

Keep up on Contracts
Receive an Alert when we publish stories on new contracts in the seafood, fisheries and aquaculture sectors.