Panera-Branded Coffee K-Cups Coming to Grocery Store Shelves
Coffee lovers who like to make their favorite drink with Green Mountain Coffee Roasters’ (GMCR) Keurig coffee brewers now have a new single serving option.
Though better know for its breads, cafe-chain Panera (PNRA) has launched a line of branded K-Cup coffees. A Panera official said the K-Cup coffees would allow consumers to replicate the fresh coffee experience of its cafes in their kitchens, Food Business notes.
The Panera K-Cups are produced under a partnership between Panera and Distant Lands Coffee. Consumers can choose among hazelnut creme, dark roast, light roast and Columbia varieties.
Panera is just the latest restaurant chain to enter the K-Cup coffee market. Dunkin’ Donuts (DNKN) and Starbucks (SBUX) already offer K-Cup versions of their coffees.
Shares of Panera rose more than 1% in Thursday morning trading.
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Article printed from InvestorPlace Media, http://investorplace.com/2013/11/panera-branded-coffee-k-cups-coming-grocery-store-shelves/.
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