SEATTLE (AP) - Starbucks Corp., the world's largest specialty coffee retailer, on Wednesday said it plans to launch Starbucks Iced Coffee, a ready-to-drink product, in grocery stores and company-owned locations later this year.

The company plans to launch the iced coffee drink at its stores in late March, followed by grocery and convenience stores, which will sell regular and light varieties nationally starting in May.

The product is being offered through the North American Coffee Partnership, a joint venture with Pepsi-Cola Co., the company said.

Find out more about the iced coffee drink Starbucks intends to release at http://news.moneycentral.msn.com.