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3d ago

Frozen Peppermint Hot Chocolate Launches Exclusively at Starbucks Cafés in Target

The co-branded seasonal drink is designed to draw Target shoppers with a limited run priced from about $5.95.

BANGKOK, THAILAND - NOVEMBER 20: A peppermint mocha frappuccino at Starbucks in CentralWorld shopping mall on November 20, 2025 in Bangkok, Thailand. International coffee chains such as Starbucks, Tim Hortons and The Coffee Club are rapidly expanding across Asia, with branches appearing in major cities and malls as global brands compete to tap into the region’s growing café culture. (Photo by Lauren DeCicca/Getty Images)
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Overview

  • Starbucks confirmed the drink is sold only at in-store cafés inside participating Target locations nationwide.
  • The recipe features a crème Frappuccino blended with mocha, milk, and ice layered over peppermint whipped cream and red-and-green sprinkles.
  • Target Circle 360 members had early access on Nov. 17, followed by a general release the next day.
  • Reported pricing starts around $5.95 for a grande, with exact prices varying by store.
  • Starbucks and Target describe the limited-time item as a way to add holiday cheer to Target trips, and they have not said if it will return next year.