Community Corner
Starbucks Coffee Prices Increase on June 25
Customers should expect to pay about 1 percent more for their favorite coffee drinks starting Tuesday.
This article was written by Natalie Stevens.
As of Tuesday morning, fancy lattes loved by legions got a little pricier.
Starbucks is raising prices on average by 1 percent nationally starting on Tuesday, June 25, according to the Associated Press.
As of Tuesday morning, fancy lattes loved by legions got a little pricier.
Starbucks is raising prices on average by 1 percent nationally starting on Tuesday, June 25, according to the Associated Press.
A small brewed coffee could see the price increase by 10 cents at most while other drinks could increase by more than that.
However, Starbucks said its medium and large brewed coffees and Frappuccinos won't change in most its 11,000 U.S. cafes.
The price increase comes even though bean prices are dropping, according to the Associated Press. An analyst estimated that this year Starbucks will spend about half the $1.4 billion it did for coffee in 2012.
Starbucks said though that coffee represents just one of its many costs and tends to account for less than 10 percent of overall store expenses.
Will the price increase at Starbucks change your coffee drinking habits? Tell us in the comments!
Find out what's happening in Takoma Parkwith free, real-time updates from Patch.
Get more local news delivered straight to your inbox. Sign up for free Patch newsletters and alerts.
We’ve removed the ability to reply as we work to make improvements. Learn more here
