STARBUCKS UP BY A NICKEL NEW PRICE FOR LATTES, OTHER COFFEE DRINKS TO KICK IN OCT. 3.Byline: Staff and Wire Services Got three bucks? That and a nickel will buy you a coffee drink at Starbucks. The ubiquitous chain is hiking hiking Walking, often among hills or mountains, as recreational sport. It represents an activity in its own right and also figures in backpacking, camping, hunting, mountaineering, and orienteering. the price of lattes, cappuccinos, drip coffee and other drinks by 5 cents, or an average of 1.9 percent, Starbucks Corp. said Thursday. The increase goes into effect Oct. 3 at hundreds of company-owned stores in California and across the nation. It's the first time the company has boosted drink prices in two years. For those who slurp a cup of joe daily, the hike will mean an extra $18 annually, roughly equal to a year's subscription to Vogue, the smash hit ``Cars'' DVD DVD: see digital versatile disc. DVD in full digital video disc or digital versatile disc Type of optical disc. The DVD represents the second generation of compact-disc (CD) technology. , or 6.5 gallons of regular gasoline gasoline or petrol, light, volatile mixture of hydrocarbons for use in the internal-combustion engine and as an organic solvent, obtained primarily by fractional distillation and "cracking" of petroleum, but also obtained from natural gas, by . The price increase won't stop Marc Wodin, 59, from making two to three daily treks to the Starbucks at Oxnard Street and Canoga Avenue in Woodland Hills. ``I'm sure they're trying to make money, but prices go up,'' he said, caramel macchiato Macchiato is an Italian word, meaning "stained". It is frequently used to refer to two separate coffee drinks.
Another Starbucks drinker said a nickel doesn't bother her, but the current prices do. ``It's already too high,'' said Susan Cellner, 44, who added that she will cut back her trips to the brewer. ``I feel a little guilty because it's like splurging.'' Starbucks is also increasing the price of its coffee beans coffee bean see sesbania. by about 50 cents per pound, the first jump for whole beans in nine years, spokeswoman Valerie O'Neil said. The company decided to charge more because costs, including fuel and energy, are going up, O'Neil added. ``It's not one specific thing,'' O'Neil said. ``It's part of our ongoing evaluation of business costs.'' Starbucks' pricing varies based on the market, but the 5-cent price increase will be across the board, regardless of drink or location, O'Neil said. Currently, a tall, or 12-ounce, cup of Starbucks coffee costs between $1.40 and $1.65. Twelve-ounce lattes range from $2.40 to $3.10, and a tall mocha Mocha (mō`kə), town (1990 est. pop. 2,000), S Yemen, a port on the Red Sea. It was noted for the export of the coffee to which it gave its name but declined as a trading port in the late 19th cent. with the rise of Hodeida and Aden. costs between $2.70 and $3.40. Seattle-based Starbucks had 8,624 stores in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. as of Aug. 30, about 5,500 of which are company-operated. CAPTION(S): photo Photo: (color) A cup of coffee at Starbucks will cost five cents more starting Oct. 3 at hundreds of stores in California. Evan Yee/Staff Photographer |
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