June 07, 2018 11:46 AM

Starbucks has undergone a handful of changes lately, and the price of their regular brewed coffee is one of them.

This week, the coffee chain increased the cost of a cup of joe between 10 cents and 20 cents, the Wall Street Journal reports. A tall size of Starbucks coffee will now range from $1.95 to $2.15.

The price hike, which will reportedly not affect any other drinks, is being implemented at 8,000 locations nationwide. The cause boils down to a 9% increase in operating expenses and a 13% cost of sales compared to last year, a Starbucks spokesperson told WSJ.

Earlier this year, the company announced that they would be cutting back on limited-edition beverages like the polarizing Unicorn Frappuccino by 30 percent. Instead, Starbucks has since rolled out a new line of drinks joining their permanent menu, including the Triple Mocha Frappuccino, Ultra Caramel Frappuccino, and the latest addition, the Serious Strawberry Frappuccino.

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The coffee giant also announced on Monday that the executive chairman Howard Schultz will be stepping down at the end of the month.

“One of the things I want to do in my next chapter is to figure out if there is a role I can play in giving back,” he told the New York Times of the news. “I’m not exactly sure what that means yet.”

RELATED VIDEO: Starbucks Sued Over Unicorn Frappuccino

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Schultz admitted that while he is a “long way from making any decisions about the future,” running for president in 2020 is not out of the question.

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