date:Sep 27, 2013
quarters, with second-quarter figures suggesting a sharp slowdown to the lowest sales growth in over three years.
The company said it was actively looking at its 8,000 brands for laggards. In addition to PowerBar, other possible candidates for pruning could include Jenny Craig diet centers and Lean Cuisine frozen meals, analysts have said.
Nestle is not the only conglomerate divesting underperforming or unrelated businesses.
Rival Unilever Plc (ULVR.L) parted with its Skippy peanut butter an