Starbucks Is Raising Its Prices While Coffee Bean Prices Are Going Down
Ever think to yourself, "Gee, buying a cup of coffee at my local Starbucks really isn't all that expensive".... well, good news. Starbucks agrees with you.
Across the entire franchise of Starbucks you can soon expect all of their drinks to cost anywhere between five and 20 cents more.
Here's the part that stings the most: the price of coffee beans around the world are going DOWN. Yep, they are charging more simply because they can and not because of an inflation price or anything like that.
The Seattle-based chain claims that the reason why they are jacking the price up is because they have to cover the cost of stuff like rent, equipment, and salaries.