ORRVILLE, OHIO — The J. M. Smucker Co. on June 3 said it is increasing the list price for the majority of its packaged coffee products sold in the United States, primarily consisting of items sold under the Folgers and Dunkin’ Donuts brand names.
“Prices increased an average of 9% on impacted items in response to sustained increases in green coffee costs,” J.M. Smucker said. “The company’s K-Cup packs were excluded from the price increase.”
J.M. Smucker last altered the price on its coffee in February 2013, when it lowered retail prices on Folgers and Dunkin’ Donuts brands by an average of 6%. The company’s last price increase came in May 2011.
The Dunkin’ Donuts brand is licensed to J.M. Smucker for packaged coffee products sold in retail channels such as grocery stores, mass merchandisers, club stores, and drug stores. The price increase does not affect Dunkin’ Donuts coffee or other products for sale in Dunkin’ Donuts restaurants.
