history of sara lee
History of Sara Lee
Sara Lee Corporation was founded in 1939 when Nathan Cummings, a Canadian entrepreneur, bought a small company names C. D. Kenny Company. It was mainly a distributor of sugar, coffee and tea out of Baltimore, Maryland. With his progressive marketing skills and management techniques he rapidly expanded the corporation.
Nathan Cummings acquired Sprague, Warner & Company, a national packaged goods distributor, in 1942. From there he changed the name to Sprague Warner- Kenny Corporation,
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T-shirts to meats, from furniture care to body care.
Now Sara Lee Corporation is a global consumer packaged goods company with more than 17.5 billion in annual revenues. The corporation holds leading positions in many parts of the industry such as, hosiery, meats, coffee and more. Today there are more than 154,000 employees and maintains operations in more than forty countries with a wide range of products in more than 170 nations under leading brand names.
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