Just weeks after losing its contract to distribute Starbucks coffee in grocery stores, Northfield-based Kraft Foods announced that it is prepping a successor, Gevalia. Get the full story »
Inside these posts: Tassimo
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Starbucks weighed down by Kraft’s Tassimo
From Bloomberg News | Starbucks Corp. is trying to break a 13-year-old deal that ties its single-cup home brewing business to Kraft Foods Inc.’s slow-selling Tassimo machine. Under the terms of the deal, Starbucks can’t put its coffee in the Keurig Home Brewer, which dominates the U.S. market for machines that make single cups of coffee in a minute or less. Get the full story>>
Sara Lee not craving U.S. coffee deals
Sara Lee Corp. will not rush to make acquisitions in the U.S. coffee market, even as it revamps its business to focus on coffee and meat, its interim chief executive said.
Speculation about deals in the U.S. coffee business has circulated since earlier this month when Starbucks Corp said it wanted to end its distribution deal with Kraft Foods Inc, which has sold bagged Starbucks coffee at supermarkets for the past 12 years. Get the full story »
