Foundation for Economic Education
http://www.fee.org
Starbucks Raises Some Prices in Hard Times
Posted By Sheldon Richman
“As the recession wears on and fewer people are splurging at Starbucks, the coffee chain’s response is to raise prices. On Thursday, Starbucks stores in several cities started charging up to 30 cents more for some specialty beverages, though the company is charging less for some basic drinks.” (New York Times [1], Friday)
Entrepreneurship is a churning trial-and-error process.
FEE Timely Classic
“The Entrepreneur on the Heroic Journey” [2] by Candace Allen and Dwight R. Lee
Article printed from Foundation for Economic Education: http://www.fee.org
URL to article: http://www.fee.org/articles/in-brief/starbucks-raises-prices-hard-times/
URLs in this post:
[1] New York Times: http://www.nytimes.com/2009/08/21/business/21sbux.html?ref=todayspaper
[2] “The Entrepreneur on the Heroic Journey”: http://www.thefreemanonline.org/featured/the-entrepreneur-on-the-heroic-journey/
Click here to print.
Copyright © 2008 Foundation for Economic Education. All rights reserved.