Current:Home > FinanceSee you latte: Starbucks plans to cut 30% of its menu -Elite Financial Minds
See you latte: Starbucks plans to cut 30% of its menu
View
Date:2025-04-15 05:10:05
Starbucks plans to cut about 30% of food and drink options from its menu by late 2025, as part of the chain's plan to change its vibe and stem the loss of customers across U.S. stores.
This week, the coffee giant also began offering ceramic mugs and free coffee and tea refills for people who want to stay in for a drink. And the chain is once again letting people serve themselves cream or sweetener, bringing back the condiment bar that had gone away during the pandemic.
Starbucks sales dipped 4% both in the U.S. and worldwide in the latest quarter, compared to a year earlier. That marks the fourth quarter of declines in a row. The chain is paying record sums to new CEO Brian Niccol — lured from Chipotle for his turnaround success there — to fix the spill.
veryGood! (3813)
Related
- Alex Murdaugh’s murder appeal cites biased clerk and prejudicial evidence
- Verdict expected for Iranian-born Norwegian man charged in deadly 2022 Oslo LGBT+ festival attack
- Lightning strike blamed for wildfire that killed 2 people in New Mexico, damaged 1,400 structures
- Halle Bailey and DDG Share First Photo of Son Halo's Face
- Backstage at New York's Jingle Ball with Jimmy Fallon, 'Queer Eye' and Meghan Trainor
- The best gadgets to have this summer
- The questions about Biden’s age and fitness are reminiscent of another campaign: Reagan’s in 1984
- How to protect your home from a hurricane
- Newly elected West Virginia lawmaker arrested and accused of making terroristic threats
- The questions about Biden’s age and fitness are reminiscent of another campaign: Reagan’s in 1984
Ranking
- Head of the Federal Aviation Administration to resign, allowing Trump to pick his successor
- California man convicted of murder in 2018 stabbing death of gay University of Pennsylvania student
- US ends legal fight against Titanic expedition. Battles over future dives are still possible
- Federal Reserve minutes: Inflation is cooling, but more evidence is needed for rate cuts
- Why we love Bear Pond Books, a ski town bookstore with a French bulldog 'Staff Pup'
- Copa America 2024: Knockout stage bracket is set
- 7 new and upcoming video games for summer 2024, including Luigi's Mansion 2 HD
- Tesla stock climbs as Q2 vehicle deliveries beat expectations for first time in year
Recommendation
Romantasy reigns on spicy BookTok: Recommendations from the internet’s favorite genre
See How Tom Brady, Glen Powell and More Stars Celebrated Fourth of July
Biden vows to stay in presidential race as he seeks to reassure allies after debate
GM fined nearly $146 million for excess emissions from 5.9 million vehicles
'Squid Game' without subtitles? Duolingo, Netflix encourage fans to learn Korean
How much TV is OK for little kids? Making screen time work for your family
Abortion on the ballot: Amarillo set to vote on abortion travel ban this election
Q&A: How a Land Purchase Inspired by an Unfulfilled Promise Aims to Make People of Color Feel Welcome in the Wilderness