A new initiative by McDonald's (MCD -0.4%) to sell bagged coffee in stores in Canada could...

|About: McDonald's Corporation (MCD)|By:, SA News Editor

A new initiative by McDonald's (MCD -0.4%) to sell bagged coffee in stores in Canada could challenge Starbucks (SBUX -1.5%) and Tim Hortons (THI -0.5%) in the nation, according to analysis. Though small in scale, the plan is big in potential after the venture by McDonald's into premium coffee went much better than naysayers dreamed it would. What to watch: Is a supermarket deal in Canada on tap?