6/10/2013

J.M. Smucker will exit its $25 million bulk coffee business by the end of the fiscal year, while continuing to focus on the K-Cup business, which accounted for sales of $290 million last year. The company will introduce Folgers liquid coffee for foodservice in place of the Douwe Egberts brand it acquired in 2011, and will launch two additional K-Cup lines in the 2014 fiscal year.

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