McCafe to storm North American grocery stores

• McDonald's (MCD +0.6%) plans to sell McCafe bagged coffee and K-cups at grocery stores in Canada later this month.
• The company will face serious competition from Tim Hortons which has 80% market share locked up for the category.
• McDonald's will partner with Kraft Canada for the initiative.
• What to watch: McCafe bagged coffee is expected to go on sale at grocery stores in the U.S. in the early part of next year.