Dunkin' Brands Group, Inc. DNKN in collaboration with The J.M. Smucker Company SJM and Keurig Green Mountain, Inc. GMCR announced that for the first time Dunkin' K-Cup pods will now be available for sale at thousands of retailers nationwide. The three companies had entered into agreements in Feb 2015.
Per the deal, Smucker will distribute and market Dunkin' K-Cup pods exclusively to grocery chains, mass merchandisers, club stores, drug stores, dollar stores and home improvement stores. Meanwhile, Keurig will distribute and market Dunkin' K-Cup pods exclusively to specialty stores of retailers like Bed Bath & Beyond Inc., Kohl's Corp. KSS and Macy's, Inc. as well as office supply retailers such as Staples, Inc. and Office Depot.
As per the previously announced deal, Dunkin' K-Cup pods are already available for sale online at OnlineStore.Smucker.com, Keurig.com and DunkinDonuts.com since Apr 2, 2015. (Read: Dunkin' Brands Further Strengthens Keurig K-Pod Agreement) Meanwhile, Dunkin' K-Cup packs will continue to be available at Dunkin' Donuts restaurants in the U.S.
The Dunkin' K-Cup varieties that will be available online and in grocery, mass merchandise and other retailers nationwide include Original Blend, Decaf, Hazelnut, French Vanilla and Chocolate Glazed Donut. A coupon to avail a discount of $1.50 on the purchase of any two packages of Dunkin' K-Cup pods or packaged coffee at grocery stores and other retailers nationwide will be published in select Sunday newspapers on Jun 14, 2015.
Dunkin’ Brands’ has been working to expand its doughnut and coffee brand in the U.S. and improve performance globally. The expanded partnership is expected to boost the sales of this Zacks Rank #3 (Hold) company’s coffee brands.
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