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Starbucks raising prices
New York -- Starbucks Coffee Company is raising prices on some of its beverages starting on Tuesday. Prices will rise an average of 1% starting June 25, but will vary slightly in different regions.
"Less than a third of beverages will see a small increase in most stores," said Lisa Passe, a Starbucks spokeswoman, in an Associated Press report. -
Kroger creates two new divisions; makes exec appointments
CINCINNATI -- The Kroger Co. announced the establishment of two new supermarket divisions, a Nashville division and a Louisville division.
"Opportunities for growth in Tennessee, northern Alabama, Kentucky, and Southern Illinois and Indiana inspired us to take this path," said Rodney McMullen, Kroger's president and chief operating officer. "We believe this move will enable our associates to do what they do best – meet the needs of our local customers and neighbors, our communities, and each other."