Starbucks-Kraft Clash Could Upset Single-cup Coffee Market
Starbucks, last Thursday, stated that it wished to uncoil an agreement under which Kraft has dispersed Starbucks bagged coffee and Seattle’s Best coffee brand in supermarkets and among other food retailers since 1998. As per Kraft’s financial officer, Tim McLevish, the business has risen to $500 million in annual sales from $50 million 12 years…