Starbucks beverage prices to rise by end of the year
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Starbucks, the largest US chain of coffee shops, plans to raise its beverage prices by year&#39;s end to cover higher costs for milk and health insurance amid slowing sales.
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Starbucks Corp  on  Wednesday posted higher quarterly profit as the premium coffee  seller works to revive its historically swift growth as it  grapples with slower U.S. consumer spending, high milk prices  and increased competition.
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Starbucks Corp will raise U.S. prices on coffee, lattes and other drinks by an average of 9 cents a cup next week to help offset soaring costs for milk and other commodities, a spokesman said on Monday.
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Starbucks is pushing its new digital music offering into Seattle and Austin in the next month.
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U.S. consumers aren't going to balk  at paying an extra nickel for their daily cup of Starbucks   coffee despite high gas prices and other pressures on  their wallets, analysts said on Friday.
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Starbucks Corp. on Wednesday said  customers will be able to make custom music CDs at 45 of its  U.S. coffee shops by later this month, the first step in a plan  to expand the service nationwide.
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Starbucks Corp.  will raise U.S. prices on coffee, lattes and other drinks by about 9 cents a cup next week to help offset soaring costs on commodities such as milk and energy, a spokesman said on Monday.
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Starbucks Corp. SBUX.O on  Wednesday said quarterly net profit rose 47 percent, helped by  sales of new products like Frappuccino Light, aggressive store  expansion, and an extra week.
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Starbucks Corp., the world&#39;s largest coffee-shop chain, said it will donate $2 to South Asia relief efforts for every pound of Sumatra coffee it sells in the US and four other Western countries next month.
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Starbucks Corp. will raise U.S. prices on coffee, lattes and other drinks by about 9 cents a cup next week to help offset soaring costs on commodities such as milk and energy, a spokesman said on Monday.
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Starbucks Corp. SBUX.O on  Wednesday said sales at stores open at least 13 months rose 13  percent in November, helped by the coffee shop chain's early  launch of holiday products like Christmas Blend coffee beans.
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Starbucks Corp. said strong sales of holiday drinks, gift cards and music helped boost quarterly earnings by 31 percent, and the coffee retailer raised its earnings forecast slightly for its current fiscal year.
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Starbucks Corp. on Wednesday said customers will be able to make custom music CDs at 45 of its U.S. coffee shops by later this month, the first step in a plan to expand the service nationwide.
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US giant Starbucks plans to double purchases of East African coffee in the next two years.
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Sara Lee Coffee & Tea said Wednesday it was raising its retail coffee prices to keep pace with 14 percent hikes by other major roasters as global bean supply next year shifts from surplus to deficit.
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Stock futures rose on Tuesday as news of an executive reshuffle at Starbucks Corp  sent the coffee chain's stock higher, while an advance in oil prices underpinned gains by energy companies.
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Starbucks Corp. on Thursday raised its  long-term goal for how much larger it wants to get by 20  percent, citing opportunities to put more of its coffee shops  in smaller U.S. markets.