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Once-eclectic Sara Lee soon to be down to meat, cheesecake

from Chicago Tribune

It has made Coach handbags, Isotoner gloves, Kiwi shoe polish and Playtex bras. But by Thursday, Sara Lee Corp. will have slimmed down to meat and cheesecake. What was a $20 billion, multinational holding company with more than 150,000 employees in 2000 will become a food-focused company renamed Hillshire Brands, with about 8,500 employees, a portfolio of meat products and frozen desserts and nearly $4 billion in sales. more

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