Miscellaneous

It appears Starbucks has shut off beer and wine sales in 400 of their stores around the country, apparently ending their two-year experiment with drawing more customers to their shops for evening beverages. The company now plans to focus more of that effort on building the day part base and expanding their new premium Roasteries…

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Miscellaneous

George Mason University released a report this week entitled “Ranking States Fiscal Health” that identified Alaska, Nebraska, Wyoming and both North and South Dakota as the 5 healthiest states by virtue of their fiscal condition.  On the flip side of the measure, Connecticut was the worst (after Puerto Rico – a US Territory, not a…

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Smucker Raises Coffee Prices

J.M. Smucker this week announced that their list prices for packaged coffee products would rise by an average of 9% as a result of increased green coffee costs.  It is the company’s first increase in coffee prices since May, 2011 and will only affect coffee products in the supermarket channel.  K-cup prices have not yet…

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The J. M. Smucker Company Announces Coffee Price Increases

The J. M. Smucker Company (NYSE: SJM) announced today that it increased the list price for the majority of its coffee products sold in the United States, primarily consisting of items sold under the Folgers® and Dunkin’ Donuts® brand names. Prices will increase an average of 10 percent on impacted items.

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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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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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