Starbucks’ new $7 ‘Geisha’ coffee is its priciest everSubmitted by emalvini on Thu, 11/29/2012 - 00:53
Starbucks’ new $7 ‘Geisha’ coffee is its priciest ever
By Ryan Faughnder, Updated: Wednesday, November 28, 1:17 PM
Nov. 28 (Bloomberg) -- Starbucks Corp. has started selling a specialty coffee that costs $7 for a 16-ounce “grande” cup, making it the company’s priciest brew, as customers demand more premium products.
The Costa Rica Finca Palmilera coffee costs $40 for a half- pound bag and $6 for a 12-ounce “tall” cup, Lisa Passe, a Starbucks spokeswoman, said in an e-mail. It’s made from a rare, difficult-to-grow varietal called Geisha. The new coffee is available at only 46 locations in the U.S. Northwest with expensive Clover brewing machines.