Coffee chain Starbucks Corp
The company, which announced in April that it would join other restaurant operators in fine-tuning pricing amid weak consumer demand, will cut the price of popular beverages like small coffees and lattes by 5 to 10 cents in every market, spokeswoman Valerie O'Neil said.
Prices for large, complex drinks such as frappuccinos and macchiatos could go up by as much as 25 cents in some markets, but on average prices will increase between 10 and 15 cents, O'Neil said, without naming specific markets.
The changes are effective in some markets on Thursday and will be rolled out to the remainder of the United States in coming months.
Starbucks pricing varies from market to market.
Starbucks expanded rapidly during the housing boom and has been closing stores, cutting costs and introducing discounts to offset falling traffic.
At the same time, hamburger chain McDonald's Corp
(Reporting by Lisa Baertlein, editing by Matthew Lewis)