comscore Starbucks: Prices for some drinks to go up by 5 to 20 cents | Honolulu Star-Advertiser
Top News

Starbucks: Prices for some drinks to go up by 5 to 20 cents

Honolulu Star-Advertiser logo
Unlimited access to premium stories for as low as $12.95 /mo.
Get It Now
  • ASSOCIATED PRESS
    In this May 31 file photo, a woman holds a coffee drink outside a Starbucks in downtown Chicago.

NEW YORK >>  Starbucks is raising prices again starting Tuesday, with the increases ranging from 5 to 20 cents for most affected drinks, the company said.

The Seattle-based company also raised prices nationally about a year ago.

A small and large brewed coffee will each go up by 10 cents in most areas of the country, Starbucks says. That would bring the price of a large coffee to $2.45 in most U.S. stores.

Some other coffee sellers are cutting prices. Last week, The J.M. Smucker Co. said it would cut prices for most of its coffee products because of declines in future prices for unroasted coffee beans. In an emailed statement Monday, Starbucks Corp. said coffee costs are only part of its expenses, which also include rent, labor, marketing and equipment.

The statement said the company continually evaluates pricing to “balance the need to run our business profitably while continuing to provide value to our loyal customers and to attract new customers.”

A representative for Starbucks, Lisa Passe, said prices are not being raised on any food items. Starbucks has been trying to get more customers to buy food items like sandwiches in hopes of driving sales.

Comments have been disabled for this story...

Click here to see our full coverage of the coronavirus outbreak. Submit your coronavirus news tip.

Be the first to know
Get web push notifications from Star-Advertiser when the next breaking story happens — it's FREE! You just need a supported web browser.
Subscribe for this feature

Scroll Up