Company to bring distribution in house after Kraft deal ends
Amid growing speculation surrounding a new distribution partner for Starbucks Corp.'s $500 million packaged coffee business, the Seattle-based company said Tuesday it will work in house when its 12-year agreement with Kraft Foods Inc. ends next year. Alan Hilowitz, a Starbucks spokesman, said late Tuesday in an e-mail to Nation’s Restaurant News that the company could not respond to speculation or rumor on potential partners after an analyst report cited Peet’s Coffee & Tea ...
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Contact: Desiree Torres Desiree.Torres@penton.com