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LAURA SECORD FOR SALE

Chicago-based Archibald Candy put the Laura Secord chain up for sale. The company has hired Paragon Capital Partners for assistance while it "explores strategic alternatives including the potential sale" of Laura Secord. Archibald acquired the boxed chocolate retailer from Nestle Canada in 1999. Laura Secord operates 174 retail shops in Canada and distributes its products in approximately 2,000 third-party retail outlets. The chain also sells scooped ice cream. According to Archibald, the sale of Laura Secord will allow it to focus on its Fannie May and Fanny Farmer brands.

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