Drink Your Coffee Black
Starbucks says they are raising their coffee prices:
Starbucks says they are raising their coffee prices:
LOS ANGELES (Reuters) - Starbucks Corp will raise U.S. prices on coffee, lattes and other drinks by an average of 9 cents a cup next week to help offset soaring costs for milk and other commodities, a spokesman said on Monday.
The widely anticipated move marks Starbucks' second price increase in less than a year and comes a month after the coffee shop chain's chief financial officer warned it would be "very challenging" for Starbucks to meet the high end of its 2007 earnings forecast, in part because of rising dairy prices.
They can't blame this on me. I don't drink lattes nor cappuccinos.
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