date:Jun 11, 2014
Dunkin' Brand Group Inc said on Tuesday it expects modest increases in coffee prices at its Dunkin' Donuts restaurants as the company reviews rising commodity costs with its franchises.
The statement, emailed to Reuters by a Dunkin' spokeswoman, comes after retail coffee trend setter J.M. Smucker Co raised the U.S. list price of the packaged Folgers and Dunkin' Donuts brands by an average of 9 percent last week. Kraft Food Group followed with a 10 percent increase to Maxwell House and Yuban.
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