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Ahold stores to stop carrying ‘pink slime’

BY Alaric DeArment

QUINCY, Mass. — Ahold’s 756 stores in the Northeast will no longer carry a beef filler product that has attracted significant controversy among consumers lately.

Stop & Shop, Giant-Landover and Giant-Carlisle simultaneously announced that they would no longer purchase ground beef containing finely textured beef, which often is derided as "pink slime" due to its pink color and viscous texture.

The Department of Agriculture contended that finely textured beef — which consists of scrap meat treated with ammonium hydroxide to kill bacteria — is safe for human consumption, but the chemical treatments have raised concerns about possible safety risks. In response, several school districts and McDonald’s have indicated that they will stop purchasing it.

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‘Fortune’ names Spartan Stores to most admired list

BY Alaric DeArment

GRAND RAPIDS, Mich. — Fortune magazine has named supermarket operator Spartan Stores as one of its most admired companies for 2012.

Spartan announced Friday that Fortune had added it to the list of the "World’s Most Admired Companies" in the wholesaler: food and grocery category. Spartan owns 96 supermarkets in Michigan and operates a distribution business that serves 375 other stores in Michigan, Ohio and Indiana.

"We are extremely pleased to be recognized as one of the world’s most admired companies," Spartan president and CEO Dennis Eidson said. "This achievement reflects the tremendous dedication and efforts of our associates as we strive to provide the consumer with consistent value and a quality shopping experience at our retail stores, as well as provide our distribution customers a differentiated go-to-market strategy and value-added partnership."

Fortune conducted the survey in 2011 among top executives, directors and securities analysts in 58 industries. Companies were selected based on such criteria as financial soundness, long-term investment value, people management, social responsibility, use of assets, quality of management, quality of products and services, and innovation and competitiveness.

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J. M. Smucker announces executive changes

BY Allison Cerra

ORRVILLE, Ohio — J. M. Smucker has announced several executive changes, including the appointment of a new corporate officer.

J. M. Smucker said that its VP advertising and creative services, Tamara Fynan, has been promoted to corporate officer and VP marketing services.

Meanwhile, current corporate officer and VP marketing communications Chris Resweber, a 24-year company veteran, has been promoted to the newly created position of SVP corporate communications and public affairs. Additionally, Julia Sabin, corporate offive and VP and general manager of Smucker Natural Foods has been appointed to VP industry and government affairs. Sabin, a 28-year company veteran, succeeds Al Yeagley, who will retire from the company at the end of the year.

Fynan and Resweber will step into their new, respective roles May 1, while Sabin will step into her new role at the company June 1.

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