Starbucks to raise its prices
June 21 , 2014
People who complain about Starbucks' high prices are going to have more to complain about.
The company announced that it's increasing its prices by 5 to 20 cents on his drinks and by $1 on its packaged coffee.
"There are many factors that contribute to our pricing decisions, including competitive dynamics and our overall cost structure," spokesman Zach Hutson said, adding that a majority of its customers will not be affected by the move.