September 22, 2006
IT COULDN’T HAPPEN TO A MORE DESERVING CLIENTELE
Starbucks Raises Prices of Coffee Drinks (Associated Press, September 22nd, 2006)
Got three bucks? That and a nickel will buy you a coffee drink at Starbucks. Starbucks Corp. said Thursday that it planned to raise prices of its lattes, cappuccinos, drip coffee and other drinks by 5 cents, or an average of 1.9 percent.The increase, which goes into effect Oct. 3 at all company-operated stores in the U.S. and Canada, will mark the first time the company has boosted drink prices in two years.
Starbucks also is increasing the price of its coffee beans by about 50 cents per pound, or an average of 3.9 percent. That's the first price increase for whole beans in nine years, spokeswoman Valerie O'Neil said.
Thankfully, some things cost more than they used to.
And some don't drink coffee at all........
Posted by: Sandy P at September 22, 2006 10:03 AMI'll have to hew to the ones inside the Barnes & Noble stores, where you can still use the store's discount card for that cherished sub-$3 "Tall" cup of coffee.
Posted by: John at September 22, 2006 10:28 AMThat will be a boon to Starbucks, to get rid of those elite wannabes, the undesirables. Why don't they just get their coffees from MickeyD? They are out of their league if they mind spending a couple of bucks on a cup of coffee.
Posted by: ic at September 22, 2006 2:59 PM