FFM meaning in Business ?

Answer:

What is Fulton Fish Market mean?

The Fulton Fish Market is a fish market in Hunts Point, a section of the New York City borough of the Bronx, in New York, United States. It was originally a wing of the Fulton Market, established in 1822 to sell a variety of foodstuffs and produce. In November 2005, the Fish Market relocated to a new facility in Hunts Point in the Bronx, from its historic location near the Brooklyn Bridge along the East River waterfront at and above Fulton Street in the Financial District, Lower Manhattan.

During much of its 183-year tenure at the original site, the Fulton Fish Market was the most important wholesale East Coast fish market in the United States. Opened in 1822, it was the destination of fishing boats from across the Atlantic Ocean. By the 1950s, most of the Market's fish were trucked in rather than offloaded from the docks. The wholesalers at the Market then sold it to restaurateurs and retailers who purchased fresh fish of every imaginable variety.

Prices at the Fulton Fish Market were tracked and reported by the United States government. In its original location, it was one of the last, and most significant, of the great wholesale food markets of New York. It survived major fires in 1835, 1845, 1918, and 1995. In its new location in the Hunts Point Cooperative Market, it handles millions of pounds of seafood daily, with annual sales exceeding $1 billion, and is second in size only to Tokyo's Tsukiji fish market.

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