CONSUMER NEWS    RECALLS    COMPLAINT FORM    SCAM ALERTS  


Complain about a product or service

Small Claims Guide | Class Actions | Lemon Law | FAQ | Resources | Newsletters | Spanish
Automotive    Education    Electronics    Family    Finance    Health    Homeowners    Shopping    Travel   
NEWS   Latest |  Archives |  Auto |  Cells, etc. |  Computers |  Financial |  Health |  Homeowners |  Parents |  Privacy |  Scams |  Seniors |  Travel

Starbuck Raising Coffee Prices



September 22, 2006

Starbucks
Starbucks Photo
Starbucks to Close 600 U.S. Stores
Baristas Beware: Starbucks Puts Machines in 86 Stores
Starbucks Serves Up Free Wi-Fi
Starbucks Cuts Trans Fats
Starbucks Data Loss No Laughing Matter
Starbuck Raising Coffee Prices
Starbucks Sales Losing Steam
Starbucks Plans to Get into the Digital Download Business
Starbucks Pours on the Trans Fats
Starbucks Raising Prices
Starbucks Blends Brews and Blues
---
Consumer Complaints

Brother, can you spare an extra nickel for a cup of coffee? If so, you shouldn't be inconvenienced by Starbuck's latest price increase.

The Seattle-based coffee shop chain is increasing the price of all its drinks sold in the U.S. and Canada by five cents.

Consumers will also pay an extra 50 cents a pound for most Starbucks coffee beans sold in stores. The price hikes take effect October 3.

The company said the price increases are necessary to help cover increased costs for labor, energy and other operating expenses.

The price increase comes despite growing competition. McDonald's launched a more robust blend of coffee earlier this year and Dunkin' Donuts, which has added Starbucks-style lattes and smoothies, plans to triple the number of stores it operates in the next three years.

The hike is smaller than the eleven cent increase Starbucks imposed in 2004, the last time it raised prices. The company said that price hike did not reduce its sales figures.

The price hike was likely a recently-made decision. When Starbucks Chief Financial Officer Michael Casey addressed an investors group last spring, he said the company did not plan to raise prices "in the foreseeable future."

Starbucks did not raise its prices last year in the aftermath of Hurricane Katrina. The company held the line, even though damage to coffee stockpiles in New Orleans warehouses caused a temporary spike in the world price of beans.



Report Your Experience
If you've had a bad experience -- or a good one -- with a consumer product or service, we'd like to hear about it. All complaints are reviewed by class action attorneys and are considered for publication on our site. Knowledge is power! Help spread the word. File your consumer report now.


Consumer News

July 6 2008

Recent Recalls & Safety Alerts

Print, mail, etc.


FREE CONSUMER NEWSLETTERS

The Daily Consumer
Afternoons M-F

Sign up now!


Consumer News & Alerts
Every Sunday

Sign up now!


Knowledge is free.
Knowledge is power.







Back to the top |

Advertisement


Home | Rogues Gallery | Good Guys | Complaint Form | News | Recalls | Search | Video | FAQ |
Consumer Resources | Small Claims Guide | Lemon Law | Newsletter | Contact Us
Advertise With Us | Testimonials | Newsroom | RSS Feeds | Radio | Job Postings




Terms of Use Your use of this site constitutes acceptance of the Terms of Use

Advertisements on this site are placed and controlled by outside advertising networks. ConsumerAffairs.com does not evaluate or endorse the products and services advertised. See the FAQ for more information.

Company Response Welcome If complaints about your company appear on our site, we welcome your response. Please see the Response Form for more information.

For more information, see the FAQ and privacy policy. The information on this Web site is general in nature and is not intended as a substitute for competent legal advice.  ConsumerAffairs.com Inc. makes no representation as to the accuracy of the information herein provided and assumes no liability for any damages or loss arising from the use thereof. 

Copyright © 2003-2008 ConsumerAffairs.com Inc.  All Rights Reserved.