The price increase is for regular brewed coffee. The Company said, the majority of lattes, mochas, tea lattes, iced coffee, frappuccinos, and iced tea will not change at nearly all U.S. locations. WHY the PRICE HIKE? A Starbucks spokeswoman said: The new cost of coffee is decided on “a product-by-product and market-by-market basis.” The brand says it has seen a rise in operating expenses, while its cost of sales (including rent) rose 13 percent.
https://twitter.com/ABC/status/1004908388919250949
TWITTER RESPONDS:
https://twitter.com/NotKennyRogers/status/1004789832869142528
https://twitter.com/matthausmann/status/1004723244124049410
https://twitter.com/ljakub01/status/1003988831039819776
https://twitter.com/MichaelJHill/status/1004515522237620225
https://twitter.com/gpiscopo/status/1004698915952840704
https://twitter.com/Shockofred/status/999986840559112193
