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Sara Lee completes sale of beauty, detergent businesses to Unilever
DOWNERS GROVE, Ill. — Sara Lee announced on Monday that it has completed the sale of its global body care and European detergents businesses to Unilever for 1.21 billion euro ($1.6 billion).
The sale is part of Sara Lee's ongoing process of divesting its household and body care businesses.
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Walgreens reports sales gain across all sectors
DEERFIELD, Ill. — Walgreens saw a rise in sales across the board for the month of November and fiscal first quarter 2011, the drug store chain said Friday.
Total sales for the chain rose 8.6% to $5.83 billion in November, with 2.8 percentage points contributed by Duane Reade stores. Comparable-store sales for the month also saw a gain of 3.2%, although comps results do not include Duane Reade sales. Total sales for the quarter saw a strong gain of 5.9% to $17.33 billion, as comparable-store sales increased 0.8%.