Tags: Starbucks | Coffee Prices

Starbucks Raises Prices on Packaged Coffee

Friday, 18 Mar 2011 02:34 PM

Starbucks Corp. is raising the price for its coffee sold in stores by up to 12 percent to cope with higher costs for beans.

The coffee giant informed grocery customers Friday of the increase for Starbucks and Seattle's Best Coffee brands. It's up to the grocers and other retailers to decide what price they will charge consumers.

Starbucks is one of several coffee companies to raise prices as the cost for beans has hit record levels. J.M. Smucker Co. and Kraft Foods Inc. have both raised prices on coffee several times during the past year.

Starbucks has not raised prices on packaged coffee since March 2008.

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Starbucks Corp. is raising the price for its coffee sold in stores by up to 12 percent to cope with higher costs for beans.The coffee giant informed grocery customers Friday of the increase for Starbucks and Seattle's Best Coffee brands. It's up to the grocers and other...
Starbucks,Coffee Prices
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2011-34-18
Friday, 18 Mar 2011 02:34 PM
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