US retail seafood sales in limbo as lower wholesale prices begin working their way through supply chain

Market watchers are hoping that easing wholesale seafood prices will translate into more promotions and greater sales velocity in the back half of the year.

Sustained levels of inflation, record credit card debt and low savings rates are resulting in continued subdued purchases despite an uptick in promotions. — Sustained levels of inflation, record credit card debt and low savings rates are resulting in continued subdued purchases despite an uptick in promotions.Photo: Shutterstock

John Fiorillo

Retail 210 Analytics Anne-Marie Roerink Consumers Kroger

Published 17 August 2023, 17:38Updated 17 August 2023, 17:38