date:Nov 04, 2013
Fast food giant McDonald's has announced plans to team up with Kraft Foods to sell its McCafe-brand coffee in grocery store chains next year.
Kraft Foods will be responsible for handling the distribution and marketing side of the venture.
During its most recent quarter, Kraft Foods posted a 4.2% slide in revenues, and during McDonald's most recent quarter it reported revenues that were below Wall Street estimates. Both companies are dealing with some difficult times, and this partnership shoul