Showing posts with label Folgers. Show all posts
Showing posts with label Folgers. Show all posts

Thursday, January 31, 2008

Folgers to become separate company

Proctor and Gamble said it would spin-off Folgers into a separate company due to slower sales growth than the rest of its units. [ See story ]

P & G said that too many consumers couldn't distinguish it from other P & G brands, such as Tide.

P & G said it would leave a note with forwarding address when Peter returns home for Christmas next year.

Sales did not rise after a recent ad campaign which featured a group of retirees playing cards, drinking coffee, with the tagline "Old Fogies Drink Folgers."

P & G said it planned to shake things up by brining in outsiders to manage the new company, such as those 3 hip baristas from that Starbucks on 6th Ave and 12th street.

A P & G spokesperson said it's obvious that to most people, the best part of waking up is rubbing stuff on your skin.

for the dummies:

Apparently, a lot of people COULD tell the difference.

The company plans to honor Folgers before the split by giving it a roast.