Meanings of package coffee in English

Starbucks' price cuts apply only to packaged coffee sales through other retailers.

Preground, packaged coffee roasted in factories overwhelmed the market.

Starbucks had lowered prices on packaged coffee by about 10 percent in April 2013.

They do not apply to packaged coffee and prepared drinks sold in the company's own shops, spokeswoman Lisa Passe said.

The global market for packaged coffee is valued at about $96 billion this year at retail, according to Euromonitor International.

Competition in the coffee grocery aisle is intense and Starbucks' move follows price reductions by rival packaged coffee sellers earlier this year.

However, volume sales rose 1 percent for the Folgers brand and 11 percent for Dunkin' Donuts packaged coffee.

Smucker had reduced list prices for most of its packaged coffee sold in the United States by an average 6 percent in February.

Separately, Starbucks Corp SBUX.O said it would raise prices on the packaged coffee sold in grocery stores as coffee commodity prices continue to rise.

The tie-up gives Chicago-based Intelligentsia added muscle, particularly when it comes to selling its packaged coffee in grocery and specialty food stores, Zell said.

Nestle has recently sold its struggling U.S. confectionery business to Italy's Ferrero and agreed to take control of selling Starbucks packaged coffees around the world.

The Via manufacturing business, Starbucks' only roasting facility in Colombia, will be expanded to roast espresso blends and packaged coffee for sale in the country.

Starbucks previously licensed its business selling packaged coffee to Kraft Foods, but ended the agreement in 2011, giving the business to privately held Acosta Inc.

Sales the U.S. retail coffee business fell 1 percent but volume increased 6 percent, led by Folgers, Dunkin' Donuts packaged coffee and K-Cups coffee pods.