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SMG » Topics » Strengthen our International Business

This excerpt taken from the SMG 10-K filed Dec 14, 2006.
Strengthen our International Business
 
We have explored the strategic options for our International business and determined that the best option for maximizing shareholder value is to sharpen our focus for the business by: (i) improving our competitive position; (ii) reducing costs in the business to improve profitability and to allow for marketing investments; and (iii) aligning the organization by category rather than by geography to better leverage our knowledge of the marketplace and the consumer. We plan to achieve these goals through a variety of initiatives, including reducing the complexity of the business and the product portfolio, improving supply chain efficiency and effectiveness, and aggressively pursuing new business opportunities.
 
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