Sara Lee to focus on food and beverage with sale of air care firm
US group Sara Lee has announced the sale of its air care business Ambi Pur to Procter & Gamble as it looks to consolidate itself as a top international food and beverage player.
Sara Lee accused of ‘misleading’ marketing
Sara Lee has issued a clarification statement regarding its EarthGrain-brand bread after organic farming campaigners at Cornucopia accused it of “misleading and unethical” claims.
Sara Lee plans 20 percent salt reduction
Sara Lee intends to reduce the salt content in a range of products by an average of 20 percent over the next five years, the company has announced.
Spanish slump pulls down Sara Lee bakery sales
Sara Lee has posted a sharp drop in international bakery sales for the fiscal year, a month after announcing the sale of three Spanish bakeries.
Sara Lee sells three Spanish bakery plants
Sara Lee is selling three of its bakery plants in Spain to Grupo Siro because of weakness in the Spanish market.
Sara Lee announces plan to shed 700 jobs
Sara Lee has announced that it will slash 700 jobs from its global workforce and outsource parts of its North American and European finance and information services groups.
Sarah Lee sales up despite full-year and Q4 loss
Rising raw material costs such as wheat and energy have not crimped sales growth for Illinois-based Sara Lee Corporation which has notched a 10.3 per cent jump in fiscal 2008, with its international bakery division growing strongly.
Sara Lee clarifies whole grain claim
Sara Lee has changed its whole grain claim on its white bread following a settlement agreement with an advocacy group, demonstrating the current sensitivity surrounding health claims.
News briefs: Sara Lee, Dunkin Donuts and Dorset Cereals
In financial news this week, Sara Lee sells its Mexican business to
focus on core brands, Dunkin' Donuts increases franchises in
Tennessee, and Dorset Cereals is purchased by Wellness Foods.
News briefs: Premier Foods, Sara Lee and J&J Snacks
As the commodity squeeze continues to bite, Premier Foods slashes
its shareholder payout, Sara Lee chairman buys some of her own
shares, and J&J snack foods increases prices across the US.
Overseas sales boost Sara Lee Q2 profit
US-based food and body care company Sara Lee yesterday posted
profit gains for the second quarter of the fiscal year 2008, with
particularly strong performances from the international beverage
and bakery divisions.
Sara Lee Q1 profits plunge
Rising commodity costs and increased media and promotional spend
have led to a massive 40 per cent drop in profits for US food giant
Further bread price increases to drive Sara Lee's margins
Sara Lee will "take price increases as necessary" in order
to offset increasing raw material costs in its bakery segment, the
company said yesterday in its annual analyst meeting.
Bakery segments behind sales turnaround for Sara Lee
Net sales for Sara Lee increased 7.1 per cent to $12.3bn (€9.1bn)
for the fiscal year 2007 from $11.5bn (€8.5bn) the previous year,
the company has said.
Sara Lee reveals whole grain content of bread
US based food and beverage retailer Sara Lee claimed last week it
is the first in the industry to provide "straight-forward
information about whole grains across our product portfolio".