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These excerpts taken from the HBI 10-K filed Feb 19, 2008. Distribution
We distribute our products for the U.S. market primarily
from
U.S.-based
company-owned and company-operated distribution centers. As of
December 29, 2007, we distributed products for the U.S.
market from 26 distribution centers, 19 of which were
company-owned or company-operated. International distribution
operations use a combination of third-party logistics providers,
as well as owned and operated distribution operations, to
distribute goods to our various international markets. We are
currently in the process of consolidating several of our
distribution centers, and have reduced the number of
distribution centers from the 48 that we maintained at the time
of the spin off to 41, of which 26 are company-owned or
company-operated. In this process, we approved actions to close
three distribution centers during the year ended
December 29, 2007.
Distribution We distribute our products for the U.S. market primarily from U.S.-based company-owned and company-operated distribution centers. As of December 29, 2007, we distributed products for the U.S. market from 26 distribution centers, 19 of which were company-owned or company-operated. International distribution operations use a combination of third-party logistics providers, as well as owned and operated distribution operations, to distribute goods to our various international markets. We are currently in the process of consolidating several of our distribution centers, and have reduced the number of distribution centers from the 48 that we maintained at the time of the spin off to 41, of which 26 are company-owned or company-operated. In this process, we approved actions to close three distribution centers during the year ended December 29, 2007. This excerpt taken from the HBI 10-K filed Sep 28, 2006. Distribution
We distribute our products for the U.S. market primarily
from
U.S.-based
company-owned and company-operated distribution centers. As of
July 1, 2006, we operated 31 distribution centers and also
performed direct
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ship services from selected Central America, Caribbean Basin and
Mexico based operations to the U.S. markets. We recently
opened our first distribution center on the West Coast, in
California. International distribution operations use a
combination of third-party logistics providers, as well as owned
and operated distribution operations, to distribute goods to our
various international markets. We are currently in the process
of consolidating several of our U.S. distribution centers.
In this process, we intend to centralize our distribution
centers around our Winston-Salem, North Carolina base and close
several of our distribution centers located around the United
States.
This excerpt taken from the HBI 8-K filed Sep 5, 2006. The Distribution The master separation agreement will provide that on the distribution date (which will be determined by Sara Lee), Sara Lee will distribute all of its shares of our common stock to its stockholders of record as of the record date (which also will be determined by Sara Lee). Sara Lee will have the sole and absolute discretion to determine (and change) the terms of, and whether to proceed with, the distribution and, to the extent it determines to so proceed, to determine the date of the distribution. The master separation agreement will provide that the distribution may be abandoned at any time, or may be accelerated or delayed, in Sara Lee’s discretion. In addition to Sara Lee’s discretion to determine not to proceed with the distribution, Sara Lee’s agreement to consummate the distribution also is subject to the satisfaction of a number of conditions, including the following:
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The master separation agreement will provide that we and Sara Lee will use our reasonable best efforts to consummate the distribution, including to use such efforts to file a registration statement and any subsequent amendments or supplements thereto with the SEC regarding our common stock, take such actions as may be necessary under state blue-sky laws and prepare and mail to Sara Lee stockholders such other materials as Sara Lee determines necessary or desirable and required under law. In addition, the master separation agreement will provide that prior to the distribution, we will agree to prepare, file and use our reasonable best efforts to make effective an application for listing our stock on the New York Stock Exchange. | EXCERPTS ON THIS PAGE:
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