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Despite the higher prices, U.S. consumers continue to spend at Starbucks. In the U.S., same-store sales increased 12% in fiscal Q2, largely driven by a 6% uptick in transactions year-over-year and ...
Starbucks faced intense backlash from its customers last week, as many noted in a recent Reddit thread that they are upset about price increases from the company this year. After the coffee giant ...
Starbucks Corporation has continued to see revenue growth across North America. However, such revenue growth has largely been the result of price increases rather than growth in organic demand.
Starbucks says it's increasing prices slightly on brewed coffee, espresso and tea latte beverages.The Seattle-based coffee chain says prices on select sizes of brewed coffee in U.S. company ...
The company declined to give more details on the upcoming price increase. Last July, Starbucks raised its prices 3.5 times as much in Seattle as in the rest of the country.
The price increases have been paying off. In Starbucks' fiscal second quarter, which ended April 2, the average ticket size increased 6% year-over-year.