Starbucks to raise coffee prices

from seattle post intelligencer

By CRAIG HARRIS
P-I REPORTER

Starting Oct. 3, that Starbucks latte is going to cost you another nickel.

In fact, every "handcrafted" beverage is going up on average 5 cents that day as the Seattle-based coffee giant will raise prices at all of its company-operated U.S. and Canadian stores, the company told the P-I on Thursday.

The price hike amounts to nearly a 2 percent increase, said Valerie O'Neil, Starbucks spokeswoman.

The 5-cent increase on drinks is the second price increase in two years. The last one occurred in October 2004.

"It's something we regularly evaluate. At this time, we determined it was appropriate with rising energy and fuel costs," O'Neil said. "And it will allow us to invest in total pay and benefits."

Also, Starbucks will raise the price of its whole bean coffee by 50 cents a pound -- a 3.9 percent increase -- on 23 of its 27 core coffees. It's the first time the company has raised prices on its whole beans in nine years.

as if it wasnt expensive enough :\

FIVE CENTS...I just dont get that that is news-worthy, I saw it on the news lastnight, I mean starbucks is already over -priced

i'm more of a coffee bean and tea leaf kind of gal...

mmmmmmmmm

coffee...

uhh how is that newsworthy? most Starbucks coffee tastes like dirt anyways.

Most Starbucks tastes like Maxwell House. Starbucks bought Barnies, my fave coffee shop on the East Coast. That makes me sad. But it doesn't make the news.

K

There are about 3 or 4 Starbucks in the town that I live in, I try to avoid them if I can.

ugh ew starfucks... give me a tim hortons any day.
YEAH IM A CANADIAN EH!!!

i prefer seattle's best coffee...... then again, that is what we have in our cafe at work and i get if for free.... hehe

makes me go to america just to try it just to see if it's worthy my home made latte :D