Just like with everything else in the world today prices are being raised to keep up with the economic condition of our every changing world. There are NO business out there that are immune to this fact, either raise your prices or run the risk of going out of business! That being said there are businesses out there that give incredible discounts to their customers to keep them coming back through these tough economic times. As we all know being consumers just because the price of our favorite things go up doesn’t mean the amount of our weekly paychecks do, to offset the difference lol.
Here is a list of business millions of people visit everyday that have raised their prices, keep in mind this list is of the bigger companies that are known around the world. Some of them you may have heard of raising the prices some you may not have, in any case you will know after reading this and that’s what I’m here for to educate and spread information.
We will start this list off with Starbucks because Starbucks and coffee is what this Blog is geared toward lol. Also I have a great way for you to save on all your favorite Starbucks items like coffee,teas, food, ect. I will have a special link at the end of this Blog so make sure you stick around till the end, if you want to save some money. 🙂
Starbucks is raising prices.
Customers will pay 10 cents to 20 cents more for “select sizes” of coffee drinks and 10 cents to 30 cents more for espresso and latte beverages. The price hikes will vary by market, Starbucks said Tuesday.
The price increases were announced one day after CEO Howard Schultz said store employees and managers would get raises of at least 5%, starting October 3.
The price hikes were originally announced the first week of July after some customers were mistakenly charged the higher prices before they were scheduled to go into effect.
Starbucks (on July 1 that the price increases were prematurely entered into company systems.) explained
Starbucks has raised prices every summer since 2013. Last July, it increased some prices by 5 cents to 20 cents on mostly hot beverages.
Published by Kathryn Vasel
Chipotle is one step closer to forcing you to order a chicken burrito
Chipotle has raised its beef prices.
The company is charging 4% to 6% more on its steak and barbacoa burritos, tacos, bowls, and salads.
Assuming a 6% price increase, a steak burrito costing $8.01 will now cost $8.50.
Chicken burritos, by comparison, cost $7.25, according to prices in the Richmond, Virginia market.
The chain started raising prices last month to offset higher wholesale beef costs, Chipotle spokesman Chris Arnold tells Business Insider. Eater first reported the price increases.
Wholesale beef costs have been rising because of global droughts that have caused a cattle shortage.
Chipotle also stopped serving carnitas for several months this year across hundreds of restaurants because of a pork shortage. The chain pulled carnitas from menus after discovering that one of its main meat suppliers was violating Chipotle’s animal-treatment standards.
Chipotle has been serving “conventionally raised” steak (from cattle raised with antibiotics and hormones) in some markets to meet demand. The chain has also started sourcing beef from Australia.
“Over the years, we have had great success serving the premium beef we call Responsibly Raised, which is produced according to high standards requiring, among other things, that animals be raised without hormones or antibiotics,” Chipotle co-CEO Steve Ells wrote in an op-ed article last year. “But lately, we have been wrestling with a particularly vexing issue regarding this beef. Over the last five years, as our restaurant count has grown from about 800 restaurants to more than 1,600, so have our demand for all of the ingredients we use.”
He added: “Sometimes the existing supply of the premium meats we serve is unable to meet our growing demand.”
Steak and barbacoa burritos cost the company $1 more to make than alternatives like chicken or vegetarian, executives have told investors. Chicken is Chipotle’s most popular meat.
So it seems you can put a price on happiness
Disneyland raised the prices of its annual passes on Sunday, with a new top-level, all-access Signature Plus Passport selling for $1,049, according to the Orange County Register.
The “happiest place on earth” also introduced the slightly cheaper Signature Passport for $849, with which some days around Christmas and New Year are not included, and raised the price of the entry-level Deluxe Passport by about $50 to $599. To make room for the new passes, Disneyland eliminated its Premium Passport, which used to sell for $779.
This is the second rise in ticketing prices this year. Disneyland increased the cost of one-day passes to $99 in February.
Visitors who buy the more expensive passes will also see less of Disneyland next year. The park announced it is closing some attractions to make room for the construction of the 14-acre “Star Wars” land.
Despite the added expense, crowds continue to flock to the theme park, which celebrates its 60th anniversary this year.
Attendance at Disneyland grew by 3.5% to 16.7 million people between 2013 and 2014, according to the Themed Entertainment Association, an industry trade group. Disney’s most popular park, Magic Kingdom in Florida, saw attendance rise 4% to 19.3 million people over the same period.
The crowds have done well for The Walt Disney Company’s earnings. Parks and resorts revenues for the company’s third fiscal quarter this year increased 4% to $4.1 billion, according to a report released Aug. 4.
Published by times.com
80% of people who will have their Netflix prices raised next month don’t even know it’s coming.
Jessica Jones, from the Netflix original series.
Netflix will raise prices on about 17 million of its standard accounts starting next month, and most people have no idea, according to Wall Street analysts.
In May 2014, Netflix began to raise the price of its standard streaming plan for new subscribers, first to $8.99 a month, then to $9.99 a month last October. Existing subscribers, however, were grandfathered in at $7.99 a month for the two-stream, “HD” quality plan.
But those days will soon be over.
Next month, these grandfathered customers will begin to be moved up to $9.99 for the standard plan. Analysts at UBS have estimated that this change will end up affecting about 37% of US subscribers, or 17 million people.
And most of those 17 million subscribers aren’t aware of the coming changes. In a recent JPMorgan survey, about 80% of those who could be “un-grandfathered” in May didn’t know the price hike was coming.
How will these subscribers react?
UBS estimates that roughly 3% to 4% of affected subscribers will cancel, though many more say they will (about 15% of those surveyed by JPMorgan).
Despite the price increase, Netflix still has a lead in “price per hour of entertainment” over pay TV. Netflix costs $0.09 per hour of viewing, while a typical pay-TV package costs $0.30 an hour, according to UBS.
Redbox is raising its DVD rental price by 25%, in a move that could improve the company’s stagnant bottom line and help the Outerwall Inc. unit invest in new technology.
At the same time, Redbox is launching a recommendation engine similar to the one that has contributed to the success of competitor Netflix Inc. by steering customers to movies and TV shows they are likely to enjoy.
“Creating a business plan that allows us to make these investments in the future is important,” said Redbox President Mark Horak, who said the company also is investing in mobile technology and the more efficient stocking of its kiosks, which are located primarily in grocery stores and other businesses.
Outerwall shares climbed 12% to $71.39 in 4 p.m. trading on the Nasdaq Monday.
Beginning Dec. 2, DVD rentals will cost $1.50 a night, up from the current $1.20. Blu-ray disc rentals will rise to $2 a night, from $1.50, a 33% increase.
Much of Redbox’s appeal rests in its low prices, making increases risky. However, the fee still will be about one-third of video-on-demand rentals, which typically cost at least $5 for new releases.
Subscription streaming services like Netflix, meanwhile, offer mostly older titles, not the recent releases available from Redbox.
Other options for renting DVDs, including stores such as Blockbuster, have all but disappeared.
The only other time Redbox raised its price—in 2011, from $1 a night for DVDs to $1.20—the impact on total transactions was “nominal,” said Mr. Horak.
He said he expects a similar decline in the “low single digits” with the new price increase.
In the nine months ended in September, Redbox revenue dropped 5% to $1.4 billion and operating income fell 9% to $153.2 million.
In addition to increasing competition from digital providers, it has run out of new locations to install kiosks and expects to end the year with 100 to 400 fewer kiosks in the U.S. and Canada than it had in 2013.
Mr. Horak declined to say what effect he expects the price increase to have on Redbox’s finances in the coming year.
The move comes as Redbox recently has renewed deals with a number of suppliers, including Viacom Inc.’s Paramount Pictures, Comcast Corp.’s Universal Pictures, SonyCorp.’s Sony Pictures Entertainment, and Lions Gate Entertainment Corp.
Redbox and partner Verizon Communications Inc. recently closed an unsuccessful joint venture to offer movies online.
In addition to movies, Redbox is raising the price for videogame rentals to $3 a night from $2, beginning in January. Games currently account for less than 5% of Redbox’s business.
Mr. Horak said the increase will allow the company to stock more titles and expand the category.
Write to Ben Fritz at email@example.com
#6 Universal Studios
Universal Studios raises ticket prices just before it opens new Harry Potter attraction.
Only a few weeks before the opening of its much-anticipated Harry Potter attraction, Universal Studios Hollywood is performing a shrinking spell on your wallet.
Over the weekend, the park quietly raised prices up to 20%, pushing its highest-priced daily ticket beyond that of its sister parks in Orlando.
“The Harry Potter attraction is expensive, and it’s the perfect excuse to raise prices because they know they are going to have the crowds regardless,” said David Koenig, a theme park expert and author of several books about Disneyland.
But Universal Studios Hollywood is not alone. Disneyland adopted a new set of ticket prices last month that raised its highest daily ticket by about 20%. And both parks have instituted pricing systems that base ticket costs on daily demand.
The moves shouldn’t come as a surprise because both Southern California parks are preparing to open what may be their most popular attractions in years.
Universal Studios officially unveils the Wizarding World of Harry Potter on April 7, although random visitors are getting a preview of the six-acre land before then. And Disneyland has begun construction of a 14-acre expansion based on the “Star Wars” movie franchise.
“A lot of people suspected that a price increase was going to come before April 7,” said Robert Niles, editor of the Theme Park Insider website.
Price increases at theme parks are almost certain before the opening of major new attractions. Disney boosted daily ticket prices nearly 9% two months before the opening of its 12-acre Cars Land expansion at California Adventure Park in 2012.
Before a similar Harry Potter attraction opened at Universal’s Islands of Adventure in 2010, the Orlando park raised the price of a two-day, two-park pass 36%, to $135 when purchased online. The park also ended a discount offer — a weeklong pass for $99 — that had been in place since 2007.
Theme park experts and fans say the higher prices won’t keep them away.
“I don’t feel put off by the price,” said Adrienne Aipia, a marketing manager from Los Angeles and organizer of a Harry Potter fan club called Dumbledore’s Army. “With the expansion for Harry Potter comes significant costs.”
Dennis Speigel, president of International Theme Park Services in Cincinnati, said Universal Studios Hollywood may anger a few guests with the higher prices but will still come out ahead with overall higher revenue.
“It’s going to be a net plus for the theme park,” he said. “They might lose a few people at the low end of the pay scale, but they will more than make up for it.”
The Harry Potter attraction at Orlando helped push attendance up 20% in 2010, and Speigel predicts a similar surge at the Southern California park this year.
“From our viewpoint, even taking into consideration the price increase, we are estimating an increase in attendance by double digits, above 20%,” he said.
Universal Studios Hollywood may justify the higher prices by noting it has invested heavily into the park in the last few years. It opened the Despicable Me Minion Mayhem ride in 2014 and Fast and Furious: Supercharged in 2015. The park has already announced plans this summer to open a haunted maze attraction based on the AMC television series “The Walking Dead.”
“Ticket prices are consistent with our tremendous product offerings,” Universal Studios spokeswoman Audrey Eig said.
She added that the park recently launched a tiered-pricing policy that offers discounts to guests who visit on off-peak days, such as Tuesdays and Wednesdays in the fall.
“Our variable pricing introduced earlier this year allows consumer choices to be made at various price levels,” she said.
But less than two months after launching the new online pricing program, Universal Studios increased the price of all tickets, even the cheapest tickets for the low-demand days rose to $90 from $75.
On peak-demand days, a daily ticket now costs $115, up from the previous highest tier price of $95.
A daily ticket purchased at the gate costs $115 regardless of the day.
In comparison, a daily ticket to either Universal Studios Orlando or Universal’s Islands of Adventure is $105.
Disneyland has also adopted a “demand pricing” policy, with tickets ranging from $95 for low-demand days to $119 for peak days. Before the new pricing policy was launched, daily tickets were priced at $99 every day.
The tiered-pricing programs allow theme parks to raise daily prices and still appease critics by noting that visitors can save money by visiting during off-peak days, Niles said.
“It allows you to get more revenue without ticking people off,” he said.
#7 Olive Garden
Higher prices give Olive Garden sales a boost
NEW YORK – Olive Garden’s sales edged up in the latest quarter, as the Italian restaurant chain known for its free breadsticks lifted prices and customers spent a little more per visit.
The chain’s sales rose 1 percent at established locations from a year ago, according to parent company Darden Restaurants Inc. (DRI). When comparing calendar periods rather than fiscal quarters, Darden said both spending and traffic were up.
During a conference call with analysts, Darden CEO Gene Lee said one of the big changes at Olive Garden has been the addition of a prominent value deal on the menu. At dinner, that is an option that lets people mix-and-match pastas and sauces for $9.99. Lee noted that more than half of people who get it add on a protein, which brings the price up to $12.99.
Over time, Lee said Olive Garden is working on improving the restaurant experience so it can more easily command higher prices.
“We’re focused on value, not just price,” Lee said.
He noted the chain’s longstanding practice of giving breadsticks and soup or salad with meals already puts it ahead of competitors.
Olive Garden, which has been struggling to hold onto customers in recent years, said profit also rose 12 percent for the three-month period ending Nov. 29. The improved results come after activist investor Starboard Value took over Darden last year and has overseen cost-cutting and operational changes.
Before taking over, one of Starboard’s many criticisms had been Olive Garden’s lack of discipline in doling out free breadsticks, which it said led to waste. Lee has also said the company has been examining all costs more carefully — including how often restaurants clean carpets.
When taking into account Darden’s other chains, including The Capital Grille and LongHorn Steakhouse, overall sales rose 1.6 percent at established locations for the latest period. The company, based in Orlando, Florida, said it now expects that figure to rise between 2.5 and 3 percent for the full fiscal year.
Previously, it had forecast an increase of 2 to 2.5 percent.
Darden also raised its adjusted earnings outlook to $3.25 to $3.35 per share, up from $3.15 to $3.30 per share.
Olive Garden, which accounts for more than half company’s 1,500 restaurants, is also seeing an increase in to-go orders, the company noted. Lee said Darden is waiting to see which third-party delivery service emerges as a dominant player before striking any partnership deals on a national level.
For the quarter, Darden earned $43.2 million, or 33 cents per share, compared to a loss in the year-ago period. Earnings, adjusted for one-time items, came to 54 cents per share, topping the 42 cents per share analysts expected.
Revenue was $1.61 billion, which fell short of $1.63 billion Wall Street expected, according to Zacks Investment Research.
Shares of Darden were up 6 percent at $61.99.
Published by Olivegarden.com