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Starbucks lifts and lowers prices

Last update: August 20, 2009 - 8:50 PM

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Starbucks lifts and lowers prices

Starbucks Corp. is raising prices on certain harder-to-make beverages and cutting prices for simpler ones such as a plain cup of coffee, the company said Thursday. The increases, on average 10 to 15 cents, and as much as 30 cents, went into effect yesterday. They will be added to "complex" drinks such as the company's frothy blended frappuccino. Prices for more basic beverages -- the latte and plain coffee, among others -- will decrease 5 to 15 cents. Starbucks won't say how many cities were affected by Thursday's increase but said the price increases will eventually spread nationwide.

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