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February 22, 2013
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  Retail Beat 
  • Ahold reportedly looks into acquiring Harris Teeter
    Royal Ahold has signaled interest in grocery chain Harris Teeter, which is considering a sale, sources say. Though no offer has been made, the Dutch company reportedly has contacted JPMorgan Chase, which is evaluating options for Harris Teeter. Ahold owns grocers including Stop & Shop Supermarket. Bloomberg Businessweek (2/22) LinkedInFacebookTwitterEmail this Story
  • Marsh taps Pascoe as CFO
    Marsh Supermarkets has hired Michele Pascoe as chief financial officer. "Michele is an outstanding senior executive who brings over 15 years of successful experience in finance to her new role," Chairman, CEO and President Tom O'Boyle said. Pascoe most recently was CFO and senior vice president of Charming Shoppes' Fashion Bug. Progressive Grocer (2/21) LinkedInFacebookTwitterEmail this Story
  • Clouds are parting for packaged-food execs
    Executives of packaged-food companies, meeting for a conference in Boca Raton, Fla., are optimistic about an improving economy and opportunities to trim their marketing budget. "Consumption is up 8% in the first half; advertising spending is actually down 18%," said Campbell Soup CEO Denise Morrison, who credited football-themed marketing of Chunky soup. Advertising Age (tiered subscription model) (2/21) LinkedInFacebookTwitterEmail this Story
  Health, Nutrition & Pharmacy 
  • Study finds limits to antioxidant benefits
    Research indicates that health benefits of antioxidants don't include protection from stroke and dementia in old age. Epidemiologist Elizabeth Devore looked at diets of people in the Netherlands and found that overall antioxidant intake did not correlate with protection, though intake of vitamins C and E did. National Public Radio/The Salt blog (2/21) LinkedInFacebookTwitterEmail this Story
  Supplier News 
  • Mondelez CEO discusses strategy and "bullish" future
    Mondelez International CEO Irene Rosenfeld says the company will expand by focusing on "power brands" and by increasing distribution in traditional channels and additional markets. "Although our top-line growth was disappointing in the back half last year, the quality of underlying revenue and earnings growth provides strong momentum as we enter 2013," she said during a conference in Boca Raton, Fla. CSP (2/20) LinkedInFacebookTwitterEmail this Story
  Technology Solutions 
  • Safeway chief touts personalized ad program
    Safeway Chairman and CEO Steve Burd says the company has signed 5.4 million households to the just for U digital program, reducing a need for print advertising. "As people become more digital, we see it as an opportunity get out of newspaper ads and personalize the ads for every household," he said. Supermarket News (free registration) (2/21) LinkedInFacebookTwitterEmail this Story
  Government Affairs  
  • Industry pushes back on N.J. food-label bill
    A New Jersey bill that would require food labels to indicate whether ingredients are bioengineered would "hurt New Jersey household budgets" without delivering benefits, said Linda Doherty, president of the New Jersey Food Council. The FDA "maintains there is no difference in safety between bioengineered foods and those produced by conventional means," she said. Progressive Grocer (2/21) LinkedInFacebookTwitterEmail this Story
  FMI Spotlight 
  • Looking for FMI webinars?
    Visit the FMI Webinar Archive in the Research Resources section for recorded webinars on issues regarding government relations, consumer affairs and research. LinkedInFacebookTwitterEmail this Story
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  Food Safety and Security 
  • Peanut execs face charges regarding salmonella outbreak
    In a 76-count indictment, four executives of the former Peanut Corporation of America are accused of a cover-up in connection with a 2009 salmonella outbreak that sickened more than 700 people. They face charges tied to lying about test results, failing to alert consumers and altering documents to say "shipments of peanut products were free of pathogens when, in fact, there had been no tests on the products at all or when the laboratory results showed that a sample tested positive for salmonella," according to the Justice Department. National Public Radio/The Salt blog (2/21), (free registration) (2/22) LinkedInFacebookTwitterEmail this Story
  • Oceana finds widespread mislabeling of seafood
    Environmental activist Oceana says 33% of seafood it tested between 2010 and 2012 was mislabeled. "With lagging federal oversight and minimal government inspection despite rising fish imports, and without sampling along the supply chain, it is difficult to determine if fraud is occurring at the boat, during processing, at the wholesale level, at the retail counter or somewhere else along the way," according to the organization. The Wall Street Journal/Corruption Currents blog (2/21) LinkedInFacebookTwitterEmail this Story
  Daily Quote 
The question should be, is it worth trying to do, not can it be done."
--Allard Lowenstein,
American politician

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