Just like last year around this time, another round of price increases.
Prices are going up 5 to 20 cents on many beverages (more in some markets, like here in San Fran), despite their profits up 18% this year.
http://money.cnn.com/2015/07/06/news/companies/starbucks-price-hike/
I just got back from Starbucks which is why I noticed. The grande brewed coffee went from 2.10 to 2.25 at my nearest store.
Prices are going up 5 to 20 cents on many beverages (more in some markets, like here in San Fran), despite their profits up 18% this year.
Your morning coffee may be getting a little more expensive.
Starting Tuesday, Starbucks (SBUX) will charge 5 to 20 cents more for some of its drinks -- mostly hot beverages -- at the majority of its U.S. stores.
The company did not specify exactly which drinks will be impacted because it charges different prices in different regions of the country.
Starbucks has increased prices on different products for at least the past three years, but Starbucks spokesperson Lisa Passe said this is the first increase in two years "for the majority of impacted beverages, such as Tall brewed coffee and Grande Latte."
On average a Starbucks receipt will be about 1% more expensive, she added. Food, packaged coffee, or and some drinks such as a Frappuccinos and Grande-sized brewed coffees will not be affected. But Tall and Venti brewed coffee will go up by 10 cents in most markets.
http://money.cnn.com/2015/07/06/news/companies/starbucks-price-hike/
I just got back from Starbucks which is why I noticed. The grande brewed coffee went from 2.10 to 2.25 at my nearest store.