Starbucks Is Raising Its Drink Prices

03:51

July 07, 2015

Starbucks is raising prices again starting Tuesday, with the increases ranging from 5 to 20 cents for most coffee drinks. (luizfilipe/Flickr)

Starbucks will be charging more for its coffee drinks, despite a decline in the price of raw coffee. The company says it's due to rising rents and wages. Jason Bellini of The Wall Street Journal joins Here & Now's Peter O'Dowd to talk about how it might affect sales and whether the competition will follow suit.

Guest

Jason Bellini, senior producer at The Wall Street Journal. He tweets @jasonbellini.

This segment aired on July 7, 2015.