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Sara Lee gets a slice of the school menu
CHICAGO — Sara Lee Foodservice, a division of the Hillshire Brands Company, has introduced a line of products aimed at the kindergarten-12th grade education sector, focusing on turkey items for both breakfast and lunch.
Additionally, Sara Lee Foodservice will be participating in the United States Department of Agriculture Commodity Food Distribution Program that enables schools to purchase items at reduced prices.
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RadioShack contends balance sheet remains strong
FORT WORTH, Texas — RadioShack released a statement in which it contends its balance sheet remains strong, with total liquidity of $820 million at the end of the first quarter.
The retailer released the statement a day after reports said it was considering hiring a financial adviser as a result of debt maturities, bloated inventories and slumping sales.