April 13, 2004 |
Unless you brew it at home, your morning cup of coffee will get pricier in a few weeks. Folgers, considered a trendsetter among roasters, is hiking its commercial coffee prices because of higher costs for unroasted beans and crude oil. "Food service coffee prices will rise 25 cents per pound or 6%, and office coffee prices will rise 15 cents per pound or 4%, effective May 3," said Tonia Hyatt, a spokeswoman for Folgers, which is a brand of Procter & Gamble Co.
December 10, 2004 |
If the best part of waking up is Folgers in your cup, morning may soon set you back a little more. Citing the high cost of coffee beans, Procter & Gamble Co. on Thursday boosted the wholesale price of a 13-ounce can of ground Folgers by 14%, to $2.28, which probably will translate into higher prices on supermarket shelves. As it is, there has already been an 11-cent-per-cup price hike at Starbucks Coffee Co. shops.
March 12, 1989 |
Police Saturday searched for a man who tried to kidnap 12-year-old Abiah Folger, heir to the Folger Coffee Co. fortune, as she stepped off a school bus. Despite the attempted kidnaping, the parents and police described the incident as a random attack and believe the man did not know about the girl's connection to the Folger family. The girl's mother, Barbara Folger, said by telephone that her daughter is "fine" and that the family received no threats before the kidnap attempt.