Starbucks Has Never Been More Expensive

Starbucks Has Never Been More Expensive

McDonald’s Corp. (NYSE: MCD)  CEO Chris Kempczinski recently said same-store sales were in trouble because, to some extent, its menu was too expensive, particularly in a time of an uncertain economy. Starbucks Corp. (NASDAQ: SBUX) has a similar problem, and it may be worse. Over the past 10 years, Starbucks prices are up 39%, while inflation during the same period is 31%. The study also showed how many hours people had to work in every state to …