J.M. Smucker Raises Coffee Prices Months After Spike In Coffee Futures
Coffee lovers can expect to pay a little bit more for a cup, now that coffee futures’ meteoric February rise has finally made its way to the grocery store. The J.M. Smucker Company (NYSE:SJM) has announced that it will raise the prices on Folgers (14% of unit coffee sales in the US) and Dunkin Donuts packaged coffee by 9% each, reports Venessa Wong for Bloomberg. Other retailers are . . .
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