In line with expectations, The Gillette Company, Boston, MA, reported sales for the fourth quarter declined 3% to $2.72 billion due to unmatched trade inventory shipments in the fourth quarter of 2000, coupled with the completion of Gillette’s initiative to remove excess trade inventories of blades in 2001. The adverse effect of foreign exchange also reduced sales for the quarter by 1%.Sales for the year totaled $8.96 billion, a decrease of 3% from $9.22 billion in 2000. Excluding the adve...