QUICK LINKS: Vending Videos  |  Micromarkets  |

VT Classifieds

|

Buy a Classified Ad

|

Editorial Calendars

|

Circulation Data

|

Downloads

|

Bookstore

|

Operators Date Book

Search:      

Bookmark this site




Issue Date: Vol. 53, No. 7, July 2013, Posted On: 6/28/2013


Starbucks Raises Drink Prices


Emily Jed
Emily@vendingtimes.net
TAGS: coffee news, retail coffee prices, Starbucks price increase, coffee service

SEATTLE -- Starbucks Corp. has raised prices for select beverages at all of its U.S. company-operated coffeehouses. As of June 25, prices on many brewed coffee, tea, latte and espresso drinks are 1% higher on average, but vary slightly in different regions. In some areas, the price increase is the first in two years.

Less than one-third of beverages are impacted by the price increases, according to Starbucks. In most stores, the price of Starbucks’s larger "grande" and "venti" brewed coffee and signature Frappuccino and Refreshers drinks remain the same.

Starbucks blamed the hike on the rising cost of labor, raw materials and rent.

In May, the Seattle coffee giant reduced the price of its packaged coffee sold in U.S. retail outlets by an average of 10% to reflect lower green coffee costs.


Topic: Coffee Service News

Articles:
  • NAMA Recognizes Ken Shea During Third Annual National Coffee Service Month
  • NAMA Recognizes Dan Hart During Third Annual National Coffee Service Month
  • Trücup Taps Boyd Coffee Distributor For Low-Acid Coffee
  • Folgers Unveils Liquid Coffee Enhancers
  • NAMA: Celebrate National Coffee Service Month With Coffee Trivia

Copyright © 2014 Vending Times Inc. All rights reserved. 
P: (516) 442-1850 | F: (516) 442-1849 | subscriptions@vendingtimes.net
55 Maple Ave. - Ste. 304, Rockville Centre, NY 11570