Starbucks Is Raising Its Drink Prices
Update RequiredTo play audio, update browser or
Flash plugin.
Starbucks is raising prices again starting Tuesday, with the increases ranging from 5 to 20 cents for most coffee drinks. (luizfilipe/Flickr)
Starbucks will be charging more for its coffee drinks, despite a decline in the price of raw coffee. The company says it’s due to rising rents and wages. Jason Bellini of The Wall Street Journal joins Here & Now’s Peter O’Dowd to talk about how it might affect sales and whether the competition will follow suit.
Guest
Copyright 2024 NPR. To see more, visit https://www.npr.org.
View this story on npr.org
Follow us for more stories like this
CapRadio provides a trusted source of news because of you. As a nonprofit organization, donations from people like you sustain the journalism that allows us to discover stories that are important to our audience. If you believe in what we do and support our mission, please donate today.
Donate Today