Kraft Foods Inc. continues to challenge Starbucks' attempt to break its 12-year distribution agreement for bagged coffee in grocery stores. Kraft said Monday that it had initiated an arbitration proceeding, marking the latest in an ongoing dispute between the company and Starbucks over the agreement, which the coffeehouse brand has said would end next March. The original agreement was set to expire in 2014, unless terminated sooner per the agreement, Starbucks said. The Seattle-based ...
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Contact: Desiree Torres Desiree.Torres@penton.com