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1. Starbucks Hiking Prices on Drinks, Bagged Coffee
- Monday, June 23, 2014
Starbucks is raising prices on some of its drinks by 5 cents to 20 cents starting next week, and customers can also soon expect to pay $1 more for the packaged coffee it sells in supermarkets.
The Seattle-based chain also raised prices on some of the drinks sold in its cafes a year ago. The latest hikes don’t seem to be driven purely by the surging bean costs that have pressured other coffee sellers to raise prices, however, since Starbucks has said it already locked in its coffee contracts for the rest of this fiscal year and much of the next.
2. Starbucks to Raise Prices in Certain Regions
- Wednesday, January 04, 2012
NEW YORK (AP) – Starbucks said Tuesday it is raising some prices regionally as it faces rising ingredient costs.
The Seattle coffee chain is raising prices about 1 percent in the Northeast and Sunbelt regions. Starbucks wouldn't disclose all of the states its raising prices, but the regions include New York; Washington, D.C.; and most Southern states. They exclude California and Florida.