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Fortune Fish & Gourmet Expands Reach Into Texas

Illinois-based Fortune International, the country’s leading processor, distributor and importer of quality seafood, meats, and gourmet products, today announced the acquisition of Ocean Harvest Wholesale, Inc., a Houston and Delcambre, La., based seafood and shrimp processor and distributor. Terms of the transaction were not disclosed.

Already one of the nation’s largest seafood and specialty food processors and distributors, this acquisition further expands Fortune International’s Fortune Fish & Gourmet distribution reach into Texas. The addition of Ocean Harvest gives Fortune Fish & Gourmet direct access into Houston and the other thriving major cities in Texas while gaining logistic efficiencies throughout all the states Fortune serves along the Gulf Coast.

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Warren Decries Soaring Food Costs, Profits

The CEOs of Kroger, Publix and Albertsons received a letter from U.S. Sen. Elizabeth Warren (D-Mass.), but it wasn’t to wish them happy holidays. Instead, she criticized them for inflated profits while food costs soar.

Warren asked the CEOs to justify rewarding executives and shareholders while raising food costs, according to a press release. Warren asked for steps the grocers are taking to protect consumers and whether they put profits over consumers in the midst of a public health and economic crisis.

“Large grocers are blaming high food costs on inflation, but it’s time to talk about how they’re using every opportunity to rake in profits, reward executives and big shareholders while driving up prices even more,” Warren said.

“These companies made record profits during the pandemic and when faced with the choice to retain lower prices for consumers and properly protect and compensate their workers, they greedily granted massive payouts to top executives and investors. They need to answer for these actions,” Warren said.

Grocery chains have reassured investors that only consumers – not company profits – would be hurt by rising costs, all while continuing to spend billions on stock buybacks and executive pay, Warren said.

In 2020, Kroger, Albertsons, and Publix reported increased profits and net income compared to pre-pandemic levels. Now they are pushing grocery cost increases onto consumers, blaming it on inflation and lining the pockets of executives and investors, Warren said.
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Kroger CEO Rodney McMullen told investors “a little bit of inflation is always good in our business.” Kroger and Albertsons have deprived frontline workers of hazard pay and failing to adopt necessary workplace safety precautions, Warren said.

Warren urged grocers to support essential workers that put themselves and their families at risk throughout the pandemic and ensure they have proper protections, rights and compensation. Warren has also pushed Congress to act on her Essential Workers Bill of Rights, which would bolster workplace protections for essential workers throughout the pandemic.

Warren asked the CEOs to respond by Jan. 7.

Warren also recently asked the Department of Justice to investigate the poultry industry’s anticompetitive behavior as turkey and chicken prices have soared.

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Americans Favor the Margarita as Holiday Drink

America’s favorite holiday drink this season is the Margarita, according to Google data examined by experts at Maxima Kitchen Equipment.

The Margarita came in first place with 258,000 average searches per month. The drink is traditionally made up of Cointreau, lime juice, tequila and salt and originates from Mexico.

Mojito is in second place with 234,000 searches per month, which was the most searched cocktail globally. The drink is made up of rum, soda water, mint leaves, granulated sugar and lime and served in a tall glass. The origins of this cocktail can be traced as far back as 1586.

Mimosa took the third spot as America’s favorite cocktail with 199,000 searches. The cocktail is traditionally served in a tall champagne flute and made up of champagne and orange juice.

Cosmopolitan is in fourth place with 189,000 searches. This drink which originates from a steak house in Minneapolis is made up of vodka, Cointreau, cranberry juice and fresh lime juice.

In fifth place is the cocktail Pornstar Martini with 182,000 searches. It was ranked as the United Kingdom’s favorite cocktail, but has placed in fifth for the United States. The cocktail is traditionally made with vodka, vanilla syrup, lime juice, passion fruit, prosecco and passoa liqueur. Pornstar Martini was created in the early 2000s in LAB London bar and has risen to popularity ever since, becoming a staple drink of choice.

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Long Island Iced Tea is in seventh place with 167,000 searches. The drink consists of syrup, lemon juice, gin, tequila, triple sec and vodka. The cocktail originates from New York and was created in 1972.

In ninth place is Mai Tai with 160,000 searches. The drink originates from California in the 1940s and has been a popular cocktail globally ever since. The ingredients of the cocktail are white rum, lime juice, orange curacao, orgeat syrup.

Taking 10th place is Aperol Spritz with 153,000 searches in the last month. The northern Italian cocktail is composed of Aperol, prosecco and soda water.

“The cocktail industry has grown more and more profitable over recent years,” a Maxima spokesperson said. “However, these search numbers are bigger than anticipated, suggesting that cocktails are now a staple of American culture regardless of if they are consumed at home or at bars.”

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