Smucker raises coffee prices by average of 9%
August 3, 2010
by Eric Schroeder
ORRVILLE, OHIO — The J.M. Smucker Co. will increase the list price for most of its Folgers, Dunkin’ Donuts, Millstone and Folgers Gourmet Selections coffee products sold in its U.S. retail coffee locations by an average of 9%, effective immediately.
“The increase in price is driven by sustained increases in green coffee costs,” Smucker said.