{"id":129069,"date":"2022-08-29T15:57:17","date_gmt":"2022-08-29T15:57:17","guid":{"rendered":"https:\/\/fin2me.com\/?p=129069"},"modified":"2022-08-29T15:57:17","modified_gmt":"2022-08-29T15:57:17","slug":"the-big-business-of-frankenfoods-2","status":"publish","type":"post","link":"https:\/\/fin2me.com\/business\/the-big-business-of-frankenfoods-2\/","title":{"rendered":"The big business of Frankenfoods"},"content":{"rendered":"<p><cite>New York (CNN Business)<\/cite>Not even Starbucks&#8217; Pumpkin Spice Latte is immune to inflation.<\/p>\n<p>The fall favorite, which returns Tuesday, is getting more expensive with a grande-sized hot PSL costing customers between $5.45 to $5.95 depending on location \u2014 a roughly 4% increase compared to 2021. That&#8217;s in line with broader price hikes at Starbucks and other chains, which have all increased menu prices gradually over the past year because of inflationary pressures.<br \/>\nThe PSL, as it&#8217;s often referred to, has been a popular item on Starbucks&#8217; menu for nearly two decades, eliciting excitement among its loyal fan base. Starbucks has sold more than 600 million PSLs since the drink&#8217;s introduction in 2003.<\/p>\n<ul><\/ul>\n<p>Also returning is Pumpkin Cream Cold Brew, an iced-drink topped with pumpkin cream cold foam and a dusting of pumpkin spice that Starbucks launched in 2019.<\/p>\n<ul><\/ul>\n<p>Even with chillier weather approaching, cold drinks are popular with Starbucks customers, accounting for roughly 75% of Starbucks&#8217; total beverage US sales in its most recent quarter. Overall, sales at its US stores open at least 13 months jumped 9% in the quarter.<\/p>\n<p>In addition to pumpkin flavors, Starbucks is bringing back its Apple Crisp Macchiato and its Apple Crisp Oatmilk Macchiato, the latter being a new tweak to the 1-year-old drink because it&#8217;s now made with the dairy-alternative milk.<\/p>\n<ul><\/ul>\n<p><span>Starbucks<\/span> <span>(<span>SBUX<\/span>)<\/span> is entering the PSL battle later than its rivals this year. Krispy Kreme brought back their fall drinks on August 8, its earliest return date ever, and Dunkin&#8217; added pumpkin-flavored drinks and snacks on August 18. Meanwhile, Panera is ditching pumpkin for cinnamon, focusing its fall efforts on a new Cinnamon Crunch Latte inspired by its popular bagel of the same flavor.<\/p>\n<ul><\/ul>\n<p>These seasonal items build hype and awareness for brands in the competitive fast-food space. In the past, Starbucks has said the pumpkin drinks were the &#8220;catalyst&#8221; for a record-breaking fourth-quarter performance in 2020.<br \/>\nSource: <a href=\"https:\/\/edition.cnn.com\/2022\/08\/29\/business\/starbucks-pumpkin-spice-latte-2022\/index.html\" target=\"_blank\" rel=\"noopener\">Read Full Article<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>New York (CNN Business)Not even Starbucks&#8217; Pumpkin Spice Latte is immune to inflation. The fall favorite, which returns Tuesday, is getting more expensive with a [&#8230;]<\/p>\n","protected":false},"author":3,"featured_media":129068,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>The big business of Frankenfoods - Fin2me<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/fin2me.com\/business\/the-big-business-of-frankenfoods-2\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The big business of Frankenfoods - Fin2me\" \/>\n<meta property=\"og:description\" content=\"New York (CNN Business)Not even Starbucks&#8217; Pumpkin Spice Latte is immune to inflation. 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