Kraft Lowers Prices On Maxwell House, Other Coffee Brands -Reuters
May 18 2012 - 4:04PM
Dow Jones News
Kraft Foods Inc. (KFT) reduced its prices on several U.S. coffee
products, effective immediately, Reuters reported Friday.
A Kraft spokeswoman attributed the move to "sustained decreases
in the cost of green coffee," Reuters reported.
Kraft cut prices on Maxwell House and Yuban roast and ground
coffee brands by about 6%, and Gevalia roast and ground sold in
retail outlets by about 10%, a spokeswoman told Reuters.
There was a 4% price reduction for non-flavored instant coffees,
other than products sold under the Maxwell House International
brand, the spokeswoman said.
Full story at
http://www.reuters.com/article/2012/05/18/us-coffee-kraft-prices-idUSBRE84H0RB20120518
-Dow Jones Newswires; 212-416-2900
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