Starbucks is raising prices

(Kathryn Vasel, CNN Money) Customers will pay 10 cents to 20 cents more for “select sizes” of coffee drinks and 10 cents to 30 cents more for espresso and latte beverages. The price hikes will vary by market, Starbucks said Tuesday.

But it said that 65% of its beverage prices remain the same.

The price increases were announced one day after CEO Howard Schultz said store employees and managers would get raises of at least 5%, starting October 3. Click here to continue reading