Starbucks preparing to raise prices

Starbucks photo

SEATTLE, WA  (WCMH) – Get ready to pay a little more for your daily cup of coffee.

Starbucks made the announcement Friday after the price increase was prematurely put into effect at several company operated stores, leading to some customers being overcharged.

The company did not say specify the full extent of the price increases, but noted the maximum anyone was overcharged was 30 cents per beverage.

“On July 12, Starbucks is planning a small price increase on select beverages. Unfortunately, that price adjustment was prematurely entered into the point of sale systems today in our U.S. company-operated stores. As a result, some customers were charged incorrectly. The maximum any customer could have been overcharged is 30 cents per beverage.”

The price increase goes into effect for real on July 12.

According to CNBC, Starbucks has increased prices during the first week of July for the last two years.

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