Finance news. My opinion.

August 8, 2008

Costco decides to post mercury advice about seafood

Filed under: management — Tags: , — Professor @ 11:57 pm

Costco Wholesale Corp. has agreed to post Food and Drug Administration advice about mercury at seafood counters in stores nationwide.

The Issaquah company’s (NASDAQ: COST) decision is a response to member requests and the advocacy efforts of ocean conservation group Oceana, said a release from Oceana. Mercury is a known neurotoxin most commonly consumed in contaminated fish, the release said.

Oceana, based in Washington, has been in negotiations with grocery chains around the country about posting the FDA advice. Kroger, Safeway and Supervalu are participating, and Wal-Mart is the only holdout nationally, Oceana said http://us-fast-cash-now.com.

In a new report entitled Super Markets, Oceana plans to release a national and state ranking of grocery chain efforts relating to warnings about mercury.



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