As soon as Harlem gets a second Starbucks they raise their prices. Figures!
Starbucks Corp. said Monday it was raising prices for its coffee and other freshly made drinks in most of its U.S. stores by 9 cents this month, citing rising costs, including dairy products, energy and fuel.
In a statement issued after markets closed, Starbucks said the price hike will take effect July 31, bumping the cost of most drinks by about 3 percent.
Photo: Rare limited edition Harlem Starbucks Mug
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Posted in: Business/Finance, Cafes
Penny
July 25, 2007
Great point! I didn’t even think of that.
anon
July 25, 2007
Someone has to pay for Starbucks’ legal fees, from when thy attempted to block Ethiopians from trademarking their ancient coffees Sidamo, Yirgacheffe and Harar. Do you think they’d take it out of their profits?