Please help: how do you define S&N?

A friend asked me today: 'what do S&N do nowadays?'. I replied that they are concentrating on the core activity of brewing. But this is not strictly true as even that core activity is being outsourced.... 3m hectolitres (536m pints!) will be given to Coors to get on with. What does that leave S&N with? Well, I suppose they have the off-trade to contend with, but with prices dropping and costs increasing this is no easy task. Maybe they are becoming a sales & marketing company in the UK? But surely 'Britain's biggest brewer' should keep some brewing asset alive and kicking? Strange, and sad, days indeed.