McDonald’s Corporation(NYSE:MCD) has no plans of selling packaged coffee in the U.S.
McDonald’s Corporation (NYSE: MCD) is the world’s largest chain of hamburger fast food restaurants, serving around 68 million customers daily in 119 countries.
McDonald’s Corporation (NYSE: MCD) which will be selling 12 ounce packaged coffee in some of its resturants in Canada has no plans to sale the same in United states.With the News Shares in McDonald’s were down 0.6 percent at $86.70 in midday trading on the New York Stock Exchange
The News of the company’s plans for selling coffee in Canada came shortly after market watchers noticed that McDonald’s had filed with the U.S. Patent and Trademark Office to use its McCafe brand for “ground and whole bean coffee.
Rivals Coffee chains such as Starbucks and Dunkin’ Donuts (DNKN.O) sell packaged coffee through the retailers and at shops. McDonald will be a new competitor to them.