Closure of Findus Fish Plant in UK Raises Questions About Frozen Market
There were not many raised eyebrows in England at the recent news of the pending shutdown of the Findus fish factory in Grimsby. The decision will end the company's production of fish fingers and other frozen coated fish in Britain. The bottom line is that even with 10% of a 160 million [pounds] market, it's hard to make money when margins get squeezed too tight.
What might be questioned is the interpretation put upon this event by the principal players. Findus blamed weaker demand for ...
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