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By 2009, Sara Lee was pursuing the sale of its household and body care business in their continuing effort to focus on core business. [14] In April, Sara Lee launched a state-of-the-art research and development center named The Kitchens of Sara Lee, a 120,000-square-foot (11,000 m 2) campus at the company's headquarters in Downers Grove. [15]
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Sara Lee Corporation brands (1 C, 14 P) Pages in category "Sara Lee Corporation" The following 7 pages are in this category, out of 7 total.
Sara Lee Corp. acquired its fresh-baked division in 2001 with the acquisition of Earthgrains for a then industry record of US$2.8 billion. This sale represents a 66% discount. In November 2011, Sara Lee Corporation completed the sale of its North American fresh bakery business to Grupo Bimbo for $709 million. [17]
In February 2005, Brenda C. Barnes became the chairman and CEO of Sara Lee, and tried to sell the Courtaulds Textile division. [20] [better source needed] In April 2006, the UK pension regulator required Sara Lee to increase payments into Courtaulds' $483 million (£260 million) pension deficit from £20m to £32m a year until 2015.
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In 2006, Sara Lee spun off its clothing sector into HanesBrands Inc., which now runs the Playtex apparel business. [44] The next year Playtex Products acquired the Hawaiian Tropic sunscreen company for $83 million. [45] Later that year Playtex Products was acquired by Energizer Holdings for $1.16 billion.