Food

Starbucks Price Increase Rolled Out on Tuesday

BY Jack Phillips TIMEJune 25, 2013 PRINT

Starbucks on Tuesday will roll out its price increase after it was reported last week that the coffee purveyor would increase prices by around 1 percent across its U.S. stores.

As The Associated Press noted, it will be the first major price increase Starbucks will impose in more than a year and a half.

Company spokesman Jim Olson told CNN that the price hike encompasses latte, espresso, brewed coffee, and tea beverages.

Drink prices will differ from city to city but Olson said that some people can expect to pay more than 10 cents for a tall coffee.

However, he said that the hike affects less than a third of Starbucks beverages, Olson told the network.

The Los Angeles Times reported that in most stores, a grande 16-ounce or a venti 24-ounce cup of brewed coffee will cost the same.

Jack Phillips
Breaking News Reporter
Jack Phillips is a breaking news reporter at The Epoch Times based in New York.
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