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Bumble Bee CEO Tharp sees bright retail future for tuna, but in pouches not cans

January 22, 2019 โ€” Jan Tharp, the interim president and CEO of Bumble Bee Foods, sees tuna fish retail sales growing at a strong rate again but taking a different shape in the not-so-distant future, she told a packed room at the National Fisheries Instituteโ€™s Global Seafood Marketing Conference, in San Diego, California.

She was looking at charts of data from Information Resources Inc. (IRI), a Chicago, Illinois-based company that monitors retail sales trends. They showed total sales for seafood up 18%, from $9.8 billion in 2011 to $11.6bn in 2018, and the sale of tuna pouches up 12.3% in the past year.

The sale of seafood shelf-stable seafood was up only 2.9% in 2018, however. And household purchases of canned light tuna have dropped from 48.1% of tuna segment sales in 2014 to 39.3% in 2018, according to IRI.

Read the full story at Undercurrent News

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