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       Friday, September 22, 2006

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Starbucks to Raise Prices

Starbucks fans get ready to fork over even more cash for your daily dose of caffeine. Starbucks Corp. announced Thursday that it is planning to raise prices of lattes, capuccinos, drip coffee, and other drinks by 5 cents. The increase will not affect pre-made drinks from refrigerated cases.

This price-hike will go into effect on October 3 at all stores in the United States and Canada and is the first in two years. Starbucks spokeswoman Valerie O'Neil blamed the increase on higher costs, namely fuel and energy.



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posted by Caro Martin at 8:46 AM  

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