Tuesday, September 28, 2004

Starbucks raises prices --- America asks: "How?"

Starbucks announced today that it would raise the price of its beverages by 11 cents at its 4,500 stores in North America because of increases in the cost of coffee and sugar. Oddly, the nice people at Regal Coffee Service can provide Starbucks coffee for 19 cents a cup. CNB does not know if Starbucks cares to discuss its profit margin.

There - something non-political for a change.