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Starbucks (SBUX -0.8%) plans to raise coffee prices by an average of 1%. The company cites...

Starbucks (SBUX -0.8%) plans to raise coffee prices by an average of 1%. The company cites higher labor costs and escalating rent prices as the reasons behind the move.
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Comments (1)
  • User 50969
    , contributor
    Comment (1) | Send Message
     
    They may price themselves out of business. There coffee is expensive. What does it cost them to make a cup of coffee? .05$?
    23 Jun 2013, 02:52 PM Reply Like
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