Current:Home > StocksSee you latte: Starbucks plans to cut 30% of its menu -CapitalCourse
See you latte: Starbucks plans to cut 30% of its menu
EchoSense Quantitative Think Tank Center View
Date:2025-04-08 12:52:28
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! (5918)
Related
- Opinion: Gianni Infantino, FIFA sell souls and 2034 World Cup for Saudi Arabia's billions
- Manchin's Holiday Gift To Fellow Dems: A Lump Of Coal On Climate Change
- Baby Foot Is the 1 Thing You Need To Get Your Feet Sandal-Ready for Spring and It’s on Sale Right Now
- The Fate of All Law & Order and One Chicago Shows Revealed
- Friday the 13th luck? 13 past Mega Millions jackpot wins in December. See top 10 lottery prizes
- COP26 sees pledges to transition to electric vehicles, but key countries are mum
- You'll Flip Over Cheer's Navarro College Winning the 2023 National Championships
- You Know You Want to Check Out Our Ranking of the OG Gossip Girl Couples, XOXO
- $73.5M beach replenishment project starts in January at Jersey Shore
- Hurry to Coach Outlet's 70% Off Limited-Time Sale for Trendy Tote Bags, Wallets & More Starting at $26
Ranking
- Man can't find second winning lottery ticket, sues over $394 million jackpot, lawsuit says
- Two Sides Of Guyana: A Green Champion And An Oil Producer
- Rising sea levels threaten the lives and livelihood of those on a fragile U.S. coast
- Olivia Culpo and NFL Player Christian McCaffrey Are Engaged
- Tree trimmer dead after getting caught in wood chipper at Florida town hall
- Khloe Kardashian, Gwyneth Paltrow and More Stars Who Gave Their Kids Unique Names
- Mourners bury Nahel, teen shot by police, as Macron cancels first state visit to Germany in 23 years due to riots
- Detroit homes are being overwhelmed by flooding — and it's not just water coming in
Recommendation
New Zealand official reverses visa refusal for US conservative influencer Candace Owens
River in Western Japan known as picturesque destination suddenly turns lime green
Biden meets U.K. PM Sunak in London and has a sit-down with King Charles before heading for a NATO summit
Kim Kardashian Joins American Horror Story Season 12
Nevada attorney general revives 2020 fake electors case
Aftermath (2020)
In Beijing, Yellen raises concerns over Chinese actions against U.S. businesses
Get $141 Worth of Peter Thomas Roth Top-Selling Skincare Products for Just $39