Starbucks is Raising its Prices

  • The price of a cup of coffee from Starbucks is about to go up.
  • That’s according to company officials, who say an increase is needed to cover rising operational costs. They have not indicated how big the price hike will be.
  • The news comes just after Starbucks reported a record quarter with $7.5 billion in sales, which represents a staggering 83 percent increase over the same quarter last year. In fact, it’s the largest single-quarter figure ever posted by the company.

This National Coffee Chain Could Be Getting More Expensive Soon

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