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Topic: Sara Lee


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In the News (Fri 18 Dec 09)

  
  Sara Lee - Wikipedia, the free encyclopedia
Sara Lee Corporation (NYSE: SLE) is an American consumer-goods company based in Illinois.
In February of 2005, Brenda Barnes became the chairman and CEO of Sara Lee.
Current members of the board of directors of Sara Lee are: Brenda Barnes, J.T. Battenberg, Charles Coker, Virgis Colbert, James Crown, Willie D. Davis, Laurette Koellner, Cees van Lede, Rozanne Ridgway, Richard L. Thomas, Ian Prosser, and Jonathan Ward.
en.wikipedia.org /wiki/Sara_Lee   (327 words)

  
 Sara Lee
Some reasons that Sara Lee is a good choice is that it has grown to an extent where only 10% of its operating costs come from food, 19% from beverages, 57% from intimate apparel, and 14% from household products.
Sara Lee is facing the problem of losing its control as a supplier with Kmart filing for protection under Chapter 11.
Like Sara Lee has cut down its work force, Procter and Gamble "has already cut its work force to 106,000 from 110,000 last spring and plans to cut a total of 17,400 jobs by 2004." This study of back-office operations is another way that might make Procter and Gamble a stronger rival for Sara Lee.
oak.cats.ohiou.edu /~fg366898/esp/wsj.htm   (1452 words)

  
 Sara Lee   (Site not responding. Last check: 2007-09-07)
Sara Lee’s Courtaulds company in the UK has also been criticised for closing down factories in Britain in order to move to areas with cheap labour and low standards, such as the Philippines, Morocco and China.
Sara Lee’s concern for the health of its public was also demonstrated by the refusal of its shareholders in 2002 to remove GM ingredients from its products outside Europe.
Sara Lee is a company with a truly global reach, and as usual such a geographical spread takes in a number of oppressive regimes.
www.ethicalconsumer.org /magazine/corpwatch/saralee.htm   (1134 words)

  
 010144 Sara Lee Advances “Reshaping” Program
Sara Lee Apparel Australasia generates nearly half of its $135 million in annual sales from workwear and casual clothing, which are not core Sara Lee categories.
Sara Lee is also divesting two small regional bakery operations - one in India and the other in China - that have limited growth potential beyond their current territory.
Sara Lee plans to use the proceeds generated from these divestitures - estimated to be between $2.5 billion and $3 billion - to repurchase stock, retire debt and fund future acquisitions.
www.spcnetwork.com /mii/2001/010144.htm   (932 words)

  
 BadCorp.org: Corporate Violations For Sara Lee Corporation   (Site not responding. Last check: 2007-09-07)
Sara Lee uses WRAP to greenwash its sweatshop use.
Sara Lee closes union factory and moves work to non-union factory.
CFO of Sara Lee is ex-Arthur Andersen accountant; Sara Lee's CEO cites "exceptional leadership skills" among qualifications.
www.badcorp.org /company.cfm?caID=10534000   (118 words)

  
 USATODAY.com - Sara Lee Bakery hit with large fine for ozone violation   (Site not responding. Last check: 2007-09-07)
CLAYTON, Mo. (AP) — The Sara Lee Bakery (SLE) has agreed to pay a $5.25 million fine to settle claims that it was responsible for "the largest ever corporate-wide violations" of ozone preservation laws.
Sara Lee also agreed to make repairs to equipment by April 30, 2006, that will cost an additional $5 million, the EPA said.
Some Sara Lee appliances ranged from 39% to 12,167% leakage, the EPA said in a complaint filed with the court.
www.usatoday.com /money/companies/regulation/2003-08-01-sara-lee-fine_x.htm   (425 words)

  
 MedServ Medical News - Sara Lee pleads guilty in listeria outbreak   (Site not responding. Last check: 2007-09-07)
The recall, which cost Sara Lee $76 million, was initiated after the Centers for Disease Control and Prevention began investigating a number of suspected cases of listeriosis.
Sara Lee pleaded guilty in U.S. District Court to a misdemeanor charge of producing and distributing adulterated meat and poultry in violation of the Federal Meat Inspection Act.
Sara Lee agreed to pay a $200,000 criminal fine and as a condition of its probation to fund $3 million in food safety research at Michigan State University.
www.medserv.dk /modules.php?name=News&file=article&sid=473   (583 words)

  
 Winston-Salem Journal | Costs for Sara Lee to hit $371 million
Sara Lee Corp. said yesterday that it expects to record $371 million in after-tax charges for expenses to cut 1,956 jobs and write down the value of two businesses that it plans to sell.
Sara Lee said it would take a charge of $290 million to cut the value of its U.S. retail-coffee unit and its European apparel operations in the three months ended June 30.
Sara Lee is spinning off its branded-apparel business in the Americas and Asia so it can focus on its food, beverage and household-products businesses.
www.journalnow.com /servlet/Satellite?pagename=WSJ/MGArticle/WSJ_BasicArticle&c=MGArticle&cid=1031783967543   (368 words)

  
 Sara Lee Investors   (Site not responding. Last check: 2007-09-07)
Sara Lee's hosiery, sock and direct retail, and Mexican apparel operations were combined into the Sara Lee Legwear, Direct and Mexico Group in 2001 at which time Noll was appointed to the position of group chief executive officer.
Prior to joining Sara Lee, Noll was a vice president of Mercer Management Consulting, where he counseled senior management of Fortune 500 clients on both strategic and operational issues.
Sara Lee Corporation (www.saralee.com) is a Chicago-based global manufacturer and marketer of high-quality, brand-name products for consumers throughout the world.
investors.saralee.com /corpgov-BioDetail_2.cfm?BioID=3837   (386 words)

  
 Sara Lee has meat, tea, coffee on menu - Tea industry news
The Chicago-based Sara Lee, to diversify its business portfolio in India, is planning to enter the packaged meat, coffee, tea and air freshner segments.
Sara Lee is the largest player in the packaged meat category in the world with 82 per cent of its revenues coming in from this segment in fiscal 2001.
Sara Lee is looking at various options for the proposed entry in the Indian market.
www.teauction.com /news.asp?newsid=382   (548 words)

  
 Sara Lee Sued by Winston Team   (Site not responding. Last check: 2007-09-07)
Reportedly, the case alleges that Sara Lee wrongfully withheld $300,000 that is owed to the team, wrongfully terminated the contract and is not entitled to reimbursement of sums previously paid to Donlavey's team.
The Times-Dispatch report notes that in that letter, Sara Lee has demanded restitution of $138,888.89 for each of the five races in which driver Hut Stricklin was replaced by Dunlavey.
The report notes that Sara Lee demanded that all decals, logos branding and identifying markings be removed from the cars, uniforms, transporters, tool boxes and promotional materials related to the team.
www.sportslawnews.com /archive/Articles%202001/SaraLeePayments.htm   (306 words)

  
 Sara Lee Agrees to Pay Record Civil Penalty to Settle Charges Over Shoe-Care Product Acquistion.   (Site not responding. Last check: 2007-09-07)
Sara Lee Corporation has agreed to pay a $3.1 million civil penalty to settle federal charges that it failed to notify the nation's two antitrust enforcement agencies before acquiring the assets of its major competitor in the shoe-care products business.
Sara Lee is the parent company of Kiwi Brands, Inc., the leading shoe-care products company in the United States.
Sara Lee is based in Chicago, and Kiwi is based in Douglassville, Pennsylvania.
www.ftc.gov /opa/1996/02/sara.htm   (768 words)

  
 Sara Lee to shed units, buy others - May 30, 2000
McMillan would not comment on whether Sara Lee would be looking to become a player in any of the deals, or in buying any of the brands of those companies once a sale is concluded.
He said Sara Lee is willing to look at larger deals than it eyed in the past, though, including acquisitions that might lower earnings per share in the short term.
Sara Lee (SLE: Research, Estimates) said it would focus on its food and beverage, intimates and underwear, and household products divisions.
money.cnn.com /2000/05/30/companies/saralee   (960 words)

  
 Sara Lee News
Sara Lee Branded Apparel is adding to two more stars to its roster of celebrity promoters, with actors Kevin Bacon and Christina Applegate appearing in new TV commercials for Hanes clothing.
The Sara Lee Food and Beverage Traverse City facility received the CET Platinum Award today from the Michigan Occupational Safety and Health Administration for an outstanding safety and health record.
Sara Lee Corp. said Thursday that it doesn't expect to find a buyer for its struggling European meats business during the upcoming quarter, adding disappointment to investors already dissatisfied with what some...
www.topix.net /com/sle   (588 words)

  
 Business ethics in the textile, clothing and footware (TCF) industries - 6 - Sectoral Activities   (Site not responding. Last check: 2007-09-07)
Sara Lee Corporation, an enterprise which originally developed in the food sector, has diversified its activities and the apparel and accessories sector now accounts for a large share of its turnover.
Sara Lee will not do business with suppliers who use any type of corporal punishment or other forms of mental or physical coercion.
Employment and employee training and development: Sara Lee's goal is to create an environment that attracts and retains the best, brightest and most talented individuals and to provide an environment that empowers each employee to reach his or her full potential.
www.ilo.org /public/english/dialogue/sector/papers/bzethics/bthics6.htm   (495 words)

  
 Sara Lee Corporation
Sara Lee zoekt nog naar mogelijkheden voor dit bedrijf, dat in fiscaal 2005 een omzet van $560 miljoen (€479 miljoen) boekte.
Sara Lee is al enige tijd bezig om als zijn kleding en confectiemerken af te stoten, omdat het concern zich volledig gaat concentreren op de productgroepen voeding, dranken en huishoudelijke artikelen.
Sara Lee heeft sinds vandaag twee nieuwe vice voorzitters aangesteld.
www.fashionunited.nl /nieuws/saralee.htm   (1062 words)

  
 About Sara Lee   (Site not responding. Last check: 2007-09-07)
Sara Lee/DE A subsidiary of Chicago based Sara Lee Corporation is Sara Lee/DE, with our headquarters in Utrecht, The Netherlands.
Sara Lee Corporation is a global manufacturer and expert marketer of high quality branded consumer packaged goods.
Sara Lee worldwide employs almost 141,500 people, with the majority outside the United States.
www.douwe-egberts.co.uk /uk/Retail/WhoWeAre/AboutSaraLeeDE   (128 words)

  
 Welcome to Sara Lee Bakery
Sara Lee Bakery is very aware of the impact which our packaging makes on the environment.
Sara Lee Bakery is dedicated to sensible environmental management and is committed to ensuring the continuous reduction of the impact on the environment caused by the production plant.
For example, Sara Lee is actively committed to reducing the amount of material used in packaging and in increasing the percentage of recycled and recyclable material used.
www.saraleebakery.com.au /about/about_news.jsp?page=news_enviroment.html   (471 words)

  
 Sara Lee   (Site not responding. Last check: 2007-09-07)
Sara Lee is the world's largest clothing manufacturer, this opens the worlds markets to Israel, with cloths originating in Israel being sold around the world under one of the many famous Sara Lee brands.
This is the highest tribute ever awarded by the "State of Israel" in recognition of those individuals and organizations, that through their investments and trade relationships, have done the most to strengthen the Israeli economy.
Sara Lee's investments in Israel include a 30% share in Delta Galil and joint ventures with Nilit.
www.proislam.com /boycott_sara_lee.htm   (289 words)

  
 Sara Lee Corporation
Annually, Sara Lee’s senior human resources team meets with leaders from the company’s business units to examine the career possibilities for more than 100 high performers.
Leading Sara Lee’s law department is General Counsel Roderick Palmore, who ensures that Sara Lee’s overall corporate commitment to diversity is mirrored in the law department.
This performance criterion was formalized in January 2001 when each of Sara Lee’s partner law firms was asked to begin reporting on the number of minorities and women at their firms, and their diversity strategies, objectives, and timetables for achieving them.
www.mcca.com /site/data/corporate/Awards/2002/profile16.html   (375 words)

  
 Sara Lee Changes Its Mix
Morningstar analyst Mark Hugh Sam was surprised at the scale of Sara Lee's divestiture plan but said it made sense.
Sara Lee International will continue to be based in Utrecht, the Netherlands.
Sara Lee also said it will increase its marketing and research and development spending by $250 million or so.
www.thestreet.com /_iwon/stocks/food/10208412.html?cf=WSIWON1111051500   (313 words)

  
 VMFA: What's New Archive   (Site not responding. Last check: 2007-09-07)
"Sara Lee's collection is a portrait, in miniature, of the history of avant-garde French painting of the period from 1870 to 1950," according to Richard Brettell.
Sara Lee Corporation's collection was formed from artworks privately assembled by the company's founder, Nathan Cummings (1896-1985).
Sara Lee Corporation is a global consumer packaged goods company with approximately $20 billion in annual revenues.
www.vmfa.state.va.us /saralee.html   (835 words)

  
 The Borowitz Report .com   (Site not responding. Last check: 2007-09-07)
Pie-maker Sara Lee today slapped filmmaker Spike Lee with a $90 million dollar trademark infringement suit, claiming that the director was unfairly benefiting from a positive association with the company’s mouth-watering array of pies, pastries and assorted breakfast treats.
Lee first attempted to trick the public into thinking he had some association with Sara Lee in his 1989 film “Do the Right Thing,” in which the word “pie” was used no fewer than fifty times.
Lee, however, disputed that point, arguing that the word “pie” was used as an abbreviation for “pizza pie,” adding, “Sara Lee does not own the word ‘pie.’”
www.borowitzreport.com /archive_rpt.asp?rec=636   (494 words)

  
 Responsible Shopper Profile:   (Site not responding. Last check: 2007-09-07)
Sara Lee maintains that they are innocent of misconduct, however the company terminated three sales executives linked to the scandal.
According to the magazine there is evidence that Sara Lee tested for and knew it had a problem with bacteria in the Bil Mar before it issued a recall of the hotdogs.
Diversity Sara Lee is among 32 companies that have filed "friend of the court" briefs in support of the University of Michigan's affirmative action policies.
www.responsibleshopper.org /basic.cfm?cusip=803111   (2003 words)

  
 USA : Sara Lee announces long-term growth & performance - Textile Fashion News Fibre2Fashion   (Site not responding. Last check: 2007-09-07)
Sara Lee Corporation today announced a comprehensive transformation plan designed to dramatically improve the company’s performance and better position Sara Lee for long-term growth.
Sara Lee will re-organize its business operations around distinct consumers, customers and geographic markets in order to build functional excellence, increase strategic focus, simplify the organization and eliminate layers.
Sara Lee Corporation (www.saralee.com) is a global manufacturer and marketer of high-quality, brand-name products for consumers throughout the world.
www.fibre2fashion.com /news/NewsDetails.asp?News_id=12958   (1079 words)

  
 Sara Lee Foundation   (Site not responding. Last check: 2007-09-07)
For more than 25 years, Sara Lee has defined "the art of giving." For the future, it is committed to building on this tradition of philanthropic leadership by giving it the breadth and vitality that will open doors to a new era.
Through its direct grants and matching grants, the Sara Lee Foundation supports programs where it can effect the greatest positive change.
The Foundation has enriched communities around the world, and continues to demonstrate its unwavering commitment to community and excellence.
www.saraleefoundation.org   (82 words)

  
 Sara Lee Shuts Down Bakeries
Faced with lay-offs at Sara Lee, Local 734 is working hard to secure severance benefits for its members.
The local represents 27 engineers and wrapping room employees at one of four Sara Lee bakeries that are being closed.
"Sara Lee is turning their back on the union workers who helped them remain profitable.
www.teamster.org /02news/hn_020523_2.htm   (185 words)

  
 TheDeal.com - Sara Lee plans divestitures
In her first major presentation to Wall Street analysts since announcing the portfolio overhaul, Barnes said she expected to sell the European clothing business in four to seven months, the U.S. coffee division in seven to 10 months and the European meats and the direct-selling unit in 10 to 13 months.
While analysts backed the moves, some were skeptical about how much Sara Lee stands to pocket from the divestitures, as well as the sluggish pace.
On the other side, Sara Lee's coffee unit is almost certain to sell for closer to 3 times Ebitda, Ramey said.
www.thedeal.com /NASApp/cs/ContentServer?pagename=hpa&c=TDDArticle&cid=1107993080626&p=M4YD5AR1   (376 words)

  
 BakingBusiness.com: Home   (Site not responding. Last check: 2007-09-07)
Several decisions announced by Sara Lee Corp. during 2000 reflected the company's efforts to redirect its business pursuits, the most notable of which was its entrance into the world of Internet purchasing.
Sara Lee also said it is planning to spend $30 million in advertising in the coming year.
But some analysts have suggested that Sara Lee Corp., the parent of Sara Lee Bakery, may be interested in acquiring Keebler.
www.bakingbusiness.com /co_article.asp?ArticleID=35372   (748 words)

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