21-03-2014 01:32 AM | USA

Starbucks is concerned about dairy

Starbucks Corp is wrestling with higher costs for milk and coffee, the two ingredients in its popular lattes, but that does not mean its customers are going to pay more.

"I want to resist raising prices in this environment," Howard Schultz, Starbucks' chairman and chief executive, said, referring to still cautious spending by many consumers.

"I am concerned about dairy, both domestically and around the world, and we are working feverishly with our suppliers, (and to) identify new suppliers," Schultz told reporters after the company's annual meeting in Seattle on Wednesday.
Full Story : Huffington Post