Starbucks to increase drink prices
NEW YORK — Starbucks lovers may have to start digging deeper into their pockets before buying a drink.
Starbucks is raising prices again starting today, July 7, 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.
Where to find Starbucks in Tallahassee:
- W. Tennessee & N Copeland; 608 W. Tennessee St., Tallahassee, FL 32304
- Florida State University Strozier Library 116 Honors Way. Tallahassee, FL 32306
- Florida State University Wildwood; 904 Wildwood Drive,Tallahassee, FL 32304
- Florida State University-Dirac Library; 110 N Woodward Ave., Tallahassee, FL 32306
- Governor's Square Mall - FoodCourt; 1500 Apalachee Parkway, Tallahassee, FL 32301
- 1703 W. Tennessee; Tallahassee, FL 32304
- Target Tallahassee; 2120 Apalachee Parkway,Tallahassee, FL 32301
- North Monroe & John Knox; 2264-1 N. Monroe St., Tallahassee, FL 32303
- Capital Circle & Blair Stone; 3551 Blairstone Road, Tallahassee, FL 32301
- I-10 & Thomasville Road; 3425 Thomasville Road; Tallahassee, FL 32309
- North Monroe & Fred George; 3844 N. Monroe St., Tallahassee, FL 32303
- Thomasville & Kerry Forest Parkway; 2887 Kerry Forest Parkway, Suite 500, Tallahassee, FL 32312
- Target Tallahassee; 3751 Bradfordville Road, Tallahassee, FL 32309