Enjoy your beloved iced latte this afternoon, because it's about to get more expensive, at least at Seattle's most famous coffee company. Starting Tuesday, Starbucks will raise prices on drinks by as much as 30 cents in the Seattle area, although the price hikes will be considerably less nationally, according to the Seattle Times. This is, one might say, one of the "blessings" of a booming local economy. KOMO reports that this comes at a time when other coffee companies are lowering prices because of future declines in unroasted coffee bean prices. Starbucks Corp. says that its expenses go beyond just coffee costs, and also include rent, labor, marketing and equipment. Food prices will stay the same.
Bad news for Starbucks lovers
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By Nina Selipsky
Nina Selipsky is an editorial intern at Crosscut. She is a senior at Lakeside School in Seattle, where she is an editor and writer for the school newspaper. Nina spent last summer working with a non-p
Nina Selipsky is an editorial intern at Crosscut. She is a senior at Lakeside School in Seattle, where she is an editor and writer for the school newspaper. Nina spent last summer working with a non-p