Current:Home > ScamsSee 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:2025-04-24 23:26:23
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! (2)
Related
- Intel's stock did something it hasn't done since 2022
- Rep. Matt Gaetz moves to oust Kevin McCarthy as House speaker
- Iowa promises services to kids with severe mental and behavioral needs after lawsuit cites failures
- Celebrate October 3 With These 15 Secrets About Mean Girls
- Biden administration makes final diplomatic push for stability across a turbulent Mideast
- Rookie Devon Witherspoon scores on 97-yard pick six as Seahawks dominate Giants
- PrEP prevents HIV infections, but it's not reaching Black women
- Chipotle sued after Kansas manager accused of ripping off employee's hijab
- NHL in ASL returns, delivering American Sign Language analysis for Deaf community at Winter Classic
- NBA Star Jimmy Butler Debuts Emo Look in Must-See Hair Transformation
Ranking
- NHL in ASL returns, delivering American Sign Language analysis for Deaf community at Winter Classic
- Student loan repayments: These charts explain how much student debt Americans owe
- Court reviews gun-carry restrictions under health order in New Mexico, as states explore options
- Jury selection to begin in trial of fallen cryptocurrency mogul Sam Bankman-Fried
- McConnell absent from Senate on Thursday as he recovers from fall in Capitol
- Show them the medals! US women could rake in hardware at world gymnastics championships
- Show them the medals! US women could rake in hardware at world gymnastics championships
- John Gordon, artist who helped design Packers’ distinctive ‘G’ team logo, dies at age 83
Recommendation
US wholesale inflation accelerated in November in sign that some price pressures remain elevated
Schumer to lead a bipartisan delegation of senators to China, South Korea and Japan next week
Who is Laphonza Butler, California Gov. Gavin Newsom's choice to replace Feinstein in the Senate?
Student loan repayments: These charts explain how much student debt Americans owe
Taylor Swift makes surprise visit to Kansas City children’s hospital
Supreme Court to hear CFPB case Tuesday, with agency's future in the balance
Pennsylvania House proposes April 2 for presidential primary, 2 weeks later than Senate wants
Fantasy football stock watch: Texans, Cardinals offenses have been surprisingly effective