Starbucks To Hike Prices...
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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.
Associated Press | Allison Linn | September 21, 2006 11:37 PM