Starbucks says it has been 'immune' from inflation as CPI rises

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Starbucks says it has been 'immune' from inflation as CPI rises
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Inflation went up again in August — especially for food items — but Starbucks has seen record demand.

in July — and are up 8.3% over the past year, the Labor Department said on Tuesday, which bucks expectations that inflation would fall slightly, Axios’ Courtenay Brown reports.

By the numbers:Cold beverages also now make up 70% of sales, a major shift from Starbucks’ early years when it didn’t have a cold drink.Starbucks had its highest sales week in its history two weeks ago when the company launched its fall menu, including the

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