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Starbucks called out for 'padding profits'

2015-07-08 19:24:31| Food - Topix.net

When people spend as much as they do to buy coffee at Starbucks, you wouldn't think they would pay much attention when a cup goes up five to 20 cents. But more attention than usual is being paid to the most recent increase in prices at Starbucks because it's: b) The company led by Howard Schultz, who some politically conservative people view as an adversary because he doesn't share their views; c) Raising prices even though J.M. Smucker just announced a price decrease on brands including Dunkin' Donuts, Folgers and others because the cost of Arabica beans have fallen.

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