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03/11/2012

Kraft Revitalizes Planters Brand with New Peanut Butter

After Planters' share of the snack nuts market fell to 24 percent in 2011 from 32 percent
in 2006, Kraft Foods decided to revitalize the brand. It introduced Planters peanut butter
in June, which now ranks sixth in the category, BloombergBusinessweek said.

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