Starbucks Plans to Raise Drink Prices as Much as 20 Cents
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Starbucks Corp. will raise prices on some drinks by 5 cents to 20 cents beginning Tuesday, a move that the company said may increase the average amount customers spend by about 1 percent.
The increases will vary by product and market, the Seattle-based company said Monday in an e-mailed statement. Tall and venti brewed coffees will cost 10 cents more in most markets. In the majority of U.S. locations, a 20-ounce venti coffee will cost $2.45 after the increase.