The J. M. Smucker Company Declares Dividend

ORRVILLE, Ohio, Oct 26, 2010 /PRNewswire via COMTEX/ — The board of directors of The J. M. Smucker Company /quotes/comstock/13*!sjm/quotes/nls/sjm (SJM 63.50, +0.94, +1.50%) declared a $0.40 per share dividend on the common shares of the Company to be paid on Wednesday, December 1, 2010, to shareholders of record at the close of business on…

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McDonald’s Pushes Harder for Multi-Billion Coffee Business

In Australia according to Burger Business McDonald’s uses a broad array of marketing tactics, but historically it has left head-to-head-taste-test comparisons to bloggers. That’s why it’s interesting that the chain this week has launched a taste-test TV commercial for its McCafé. Watch the commercial here.

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Starbucks tests recycling paper cups in New York stores

USA Today reports that Starbucks has started a nine-week pilot program in New York City to test the recycling of its paper cups, which total about 3 billion each year company-wide, GreenBiz reports. It began placing recycling bins for the cups (not the sleeves, lids or other packaging pieces) at 86 locations in mid-September. “We are…

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Dunkin’ Donuts Franchise Owners Resisting Price Hikes on Bagged Coffee

97% of Dunkin’ Donuts franchise owners responding to a recent survey say they have not raised the prices of 16 ounce bags of Dunkin’ Donuts coffee even though the cost for coffee beans has reached a 13 year high. J.M. Smucker Company, which sells Dunkin’ Donuts licensed coffee at supermarkets and other retail outlets, announced it has raised prices by 9%. Comments Invited!

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Starbucks to Raise Prices

Convenience Store News reports that Starbucks Corp. has announced plans to charge more for large-sized and labor-intensive drinks, due to surging prices for coffee and other commodities, Reuters reported. The company noted it may also raise the price of packaged coffee sold through grocery stores and other channels.

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12 Professions that Need Coffee the Most

The Boston Globe Reports that Dunkin’ Donuts was on to something when they coined their logo: “America runs on Dunkin’.” According to a survey conducted by Dunkin’ Donuts and CareerBuilder, 32 percent of workers said they needed coffee to get through the workday and 43 percent said they were less productive without a cup of Joe. See the top 12 list of professions that drink coffee.

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Dunkin’ Donuts Helped Pay for “Wall Street 2”: Money Never Sleeps

Georg Szalai reports at ABC News Entertainment that Oliver Stone said Wednesday that his “Wall Street” sequel benefited “enormously” from product placement, which helped expand a tight budget without compromising the integrity of the film. All the sponsor support “helped us enormously,” he said. Corporate partners included Dunkin’ Donuts, Ducati, tech firms, and hedge fund firm SkyBridge. Starbucks wanted to come on board, but couldn’t because there was already a relationship with Dunkin’ Donuts.

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Wendy’s Sees Breakfast Opportunity

Jeremiah McWilliamsasks a question in the The Atlanta Journal-Constitution: When was the last time you went to Wendy’s for breakfast? Okay, it’s a trick question. By its own reckoning, Wendy’s is one of the only fast-food chains not serving breakfast nationwide.

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