date:Jul 02, 2014
his year announced the North American debut of a single-cup coffee and espresso brewer from the Nespresso brand. In a recent presentation for financial analysts, Keurigs top executive noted the new product stirred up competition for Keurig.
Any time Nestle is in the market with something we are going to watch it and we are going to be very, very careful to make sure that we can compete effectively, said Brian Kelley, president and chief executive officer of the Waterbury, Vt.-based company.