Sara Lee Corp. announced Friday that it would divide into two publicly traded companies — one focusing on its North American food businesses and the other on European coffee, tea and bread.

Sara Lee buys more: Sara Lee Corp. said its board approved a plan to repurchase up to 25 million shares, which is in addition to the 23 million shares remaining under a previous buyback program.

CHI2001012606 - 26 JANUARY 2001 - CHICAGO, ILLINOIS, USA: Sara Lee Corp. employees wait to assist customers in one of the Chicago, Illinois outlet stores, January 25, 2001.

Chicago-based Sara Lee Corp.’s Sara Lee Foods unit and a group of its former employees on Tuesday announced a settlement of litigation that was pending in federal court.Civil actions filed on ...

Sara Lee Corp. agreed Wednesday to sell PYA/Monarch, the No. 4 U.S. food service distributor, to U.S. Foodservice for $1.57 billion in cash, continuing the company's ongoing efforts to refocus on ...

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. C.

Sara Lee Corp.’s management will review the details of its announcement live via the Internet today at 9:00 a.m. CST. The live webcast can be accessed at www.saralee.com and is anticipated to ...

Sara Lee, based in Downers Grove, Ill., said it earned $880 million, or $1.37 per share, in the quarter, compared with $371 million, or 53 cents per share, a year ago.

Sara Lee Corp. is finding that grocery stores don't have much taste for higher prices. On Thursday, the maker of Jimmy Dean sausages, Ball Park hot dogs and Senseo coffee along with its namesake ...

Sara Lee Corp said Friday it plans to split up into two separate companies focusing on North American meats and international coffee and tea. The company said Friday that the separation would inclu… ...

In 2000, Sara Lee Corp. successfully spun off handbag seller Coach Inc. It is now preparing its North American and Asian apparel brands for similar treatment, but some worry those are a much ...