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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Edvard Pettersson reports at Bloomberg that Kraft Foods Inc., the world’s second-largest food company, says it faces “irreparable harm” if Starbucks Corp. is allowed to terminate an agreement that allows it to distribute Starbucks products to grocery stores.
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Images Food reports that Starbucks criticised Kraft Foods recently for disclosing the terms of a distribution agreement for packaged Starbucks coffee. Kraft Foods has been distributing Starbucks’ packaged coffee to retail outlets since 1998, but according to Starbucks, it informed Kraft in October that it intends to end the distribution agreement
Read More »Nation’s Restaurant News reports that the P.F. Chang Chain is the latest of casual dining operators with successful frozen dinners. As more restaurant chains strive to position their brands on grocery store shelves, sales of P.F. Chang’s China Bistro Inc. frozen retail items climbed 117 percent to $14.5 million in September, according to an analyst.…
Read More »The San Francisco Chronicle reports that according to Bloomberg Business that’s how much of a lead Folgers still has on Starbucks when it comes to sales in supermarkets and other mass retailers. While coffeehouses and flavored lattes have fueled the gourmet trend, stalwarts including Folgers and Maxwell House still dominate in the kitchen, according to research firm SymphonyIRI Group. The bad news? As the world emerges from recession, the number of people making coffee at home is likely to fall, analysts say.
Read More »Bruce Horovitz reports in USA TODAYSome of the most familiar names in the restaurant world are moving into the grocer’s freezer.
Read More »J.M. Smucker Company (SJM.N) said on its website it will increase the list price for the majority of its Folgers, Dunkin’ Donuts, Millstone and Folgers Gourmet Selections coffees, effective Tuesday.
Read More »Cross-Country RV Brings Dunkin’ Turbo™ Coffee Across America May Through September 2010. From May through September 2010, fans of Dunkin’ Donuts packaged coffee can track down the Dunkin’ Turbo Big Taste Tour as it offers consumers across America free samples of the new taste of Dunkin’ Turbo coffee. Dunkin’ Turbo coffee (11 oz., msrp $7.49-$7.99) is the newest variety of packaged Dunkin’ Donuts coffee, now available wherever you buy groceries. DDIFO members read more….
Read More »In recent weeks, Starbucks has closed 19 licensed stores at Stop & Shop and Giant locations in the Northeast and Mid-Atlantic, according to a report from Dow Jones Newswires.
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