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Sara Lee officials admit huge hurdles
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Investors are growing impatient with Sara Lee Corp.'s three-year-
old efforts to reinvent itself.
Last week, executives of the Chicago-based company met with Wall
Street analysts and admitted they face high hurdles. But they
insisted that Sara Lee is intent upon building national recognition
for its highest-margin products, such as Hanes underwear, Jimmy Dean
sausages and Kiwi shoe polish. It is a strategy that Kraft Foods
Inc., Procter & Gamble Co. and other major consumer products
co...
Related newspaper, magazine, and journal articles from HighBeam Research
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Sara Lee Corp. to sell food service branch
Chicago Sun-Times
; Sharpening its strategic focus on its market leaders, Chicago- based Sara Lee Corp. Wednesday agreed to sell its PYA/ Monarch food service operation to a Dutch supermarket giant for $1.6 billion. The sale, which also includes a supply agreement between the Dutch firm Royal Ahold and Sara Lee's U.S.
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Sara Lee sells food service operation for $1.57 billion
Chicago Sun-Times
; Sharpening its strategic focus on its strong suits, Chicago-based Sara Lee Corp. today agreed to sell its PYA/Monarch food service operation to a Dutch supermarket giant for $1.57 billion. The sale, which also includes a supply agreement between the Dutch firm Royal Ahold and Sara Lee's U.S. food
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Sara Lee says employees gave Ahold inaccurate info
Chicago Sun-Times
; ... payments late last year and earlier this year. The rules require that retailers account for vendor money as a reduction in the cost of goods sold when the products are sold, said Credit Suisse First Boston analyst David Zion. Contributing: Bloomberg News
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Sara Lee Corp. to sell food service branch $1.57 billion deal with Dutch firm Royal Ahold announced
Chicago Sun-Times
; Sara Lee Corp. has signed an agreement to sell its PYA/Monarch food service operation to a Dutch supermarket giant for $1.57 billion. The sale, which also includes a supply agreement between the Dutch firm Royal Ahold and Sara Lee's U.S. food and beverage manufacturing operations, is expected to
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Sara Lee's earnings down 80% for fiscal 2nd quarter
Chicago Sun-Times
; ... the newly acquired Earthgrains products performed well, Sara Lee's U.S. meat sales were flat, coffee was lower, and sales of intimates and underwear also were down amid a stiff challenge from discount competitors. Contributing: AP, Bloomberg News
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