Sara Lee has entered into an agreement to sell its North American branded refrigerated dough products business to Ralcorp Holdings and is also intending to divest its French refrigerated dough and Spanish bakery businesses.
Bread manufacturer, Grupo Bimbo, is the latest food giant to sign a research deal with EnWave to test “certain food products” on its nutraREV vacuum-based food dehydration technology.
Sara Lee has become the latest food manufacturer to join the voluntary Children’s Food and Beverage Advertising Initiative (CFBAI) that aims to restrict advertising of junk food to children.
Leading Spanish food company Grupo Siro has opened a €6m research and development facility in El Espinar, northern Spain to develop a range of new products including ones suitable for consumers who are intolerant to gluten and for children.
Chairman and CEO of Sara Lee Corp. Brenda Barnes has resigned from the company so she can focus on improving her health after she suffered a stroke in May, the company’s board of directors has said.
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 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 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.
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 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.
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.
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 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.
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.
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".
American-owned food group Sara Lee is going back to basics with a
new marketing campaign designed to remind food lovers of the joys
of eating - shirking the trend towards functional foods.
Despite set backs to its global expansion plans, the Sara Lee
corporation has revealed that's its North American bakery division
still remains profitable.
Yesterday American-owned Sara Lee reported a massive 77 per cent
drop in third quarter operating profit from $189m last year to $42m
in 2006, impacted by a vast portfolio cull.
US food and consumer goods producer Sara Lee announced Friday it
has entered discussions with Smithfield to sell its European meats
arm, following a drop in the division's anticipated selling price.
US bakery and international consumer goods manufacturer Sara Lee
has announced the sale of its European branded apparel business as
part of the company's bid to redefine its over-stretched product
portfolio and turn around its...
Leading US bakery Sara Lee yesterday reported a decline in sales in
its first quarter, with net income hit hard as the company enters
the ninth month in its five-year transformation strategy to shed
unprofitable businesses.
Leading US bakery and international consumer goods manufacturer
Sara Lee has announced that it has entered negotiations regarding
the sale of its European branded apparel business. The move forms
part of the company's bid to...
A second major case of bread contamination in the past week is set
to put bakeries on the alert for contamination risks, as leading US
bakery Sara Lee announces the recall of a number of its products.
International consumer goods maker Sara Lee has confirmed that it
is selling its direct sales cosmetics business to Tupperware for
$577 million. The move forms part of the company's bid to redefine
its over-stretched product...
Major cost-cutting at US-based Sara Lee boosted operating profits
at its bakery division by 36 per cent over 2005 but sales were down
on the previous year after a 53rd week in 2004 swelled turnover.
US-based food producer Sara Lee has announced a solid 4 per cent
sales rise for the first quarter of fiscal 2005 and highlighted its
bakery business as a strong contributor to company growth. But the
praise hides a relatively average...
Flowers Foods, the US baked goods producer, is to buy the
Houston-based bread and bun production facilities of compatriot
Sara Lee, including the rights to supply own label and foodservice
customers in the local market.
