August 31st 2009 Tim Horton’s – Another Price Increase?
My wife and I stopped at Tim Horton’s today while running some errands, and I noticed that Tim Horton’s had gone and raised the price of my large coffee. I seem to recall that there was just recently recently a price increase, and was a baffled by this one.
While I understand the price increase (I run a business, and understand that sometimes prices need adjusting, due to competition and costs), but I have two issues with this increase:
- In these hard times, why would a Canadian institution such as Tim Horton’s raise their prices? Did they recently increase their employee salaries to help combat the recession? Given the fact that there was a recent price increase already, I really can’t seem to understand why they would need to do it again.
- Why raise the price to $1.52 with tax – would it have made that much of a difference to round it down to $1.50? This may just be me ranting over nothing, but I really hate have a bunch of pennies laying around in my car, and by making it $1.52, it almost guarantees that I have them, always.
Now, I know that Timmy’s will simply tell everyone that they have the convenience of the Tim Card, and for people like me who complain about the penny thing, it just adds a reason to the list of pros for having one, however I don’t believe that I should HAVE to bring my card with me every time I want a coffee.
What are you thoughts?
