Current:Home > StocksSee you latte: Starbucks plans to cut 30% of its menu -WealthDrive Solutions
See you latte: Starbucks plans to cut 30% of its menu
Surpassing Quant Think Tank Center View
Date:2025-04-09 12:46:48
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! (4)
Related
- Former Danish minister for Greenland discusses Trump's push to acquire island
- Harmful ‘forever chemicals’ found in freshwater fish, yet most states don’t warn residents
- Death toll from Alaska landslide hits 5 as authorities recover another body; 1 person still missing
- Developing nations press rich world to better fight climate change at U.N. climate summit
- Biden administration makes final diplomatic push for stability across a turbulent Mideast
- Urban Outfitters' Sale: 50% Off All Hats, Jackets & Sweaters With Cozy Vibes
- Court pauses federal policy allowing abortion clinic operators to get grants -- but only in Ohio
- Ex-correctional officer at federal prison in California gets 5 years for sexually abusing inmates
- Appeals court scraps Nasdaq boardroom diversity rules in latest DEI setback
- Blue over ‘G0BLUE': University of Michigan grad sues after losing license plate
Ranking
- North Carolina trustees approve Bill Belichick’s deal ahead of introductory news conference
- Beyoncé Drops Surprise Song “My House” After Renaissance Film Release
- Massachusetts GOP lawmakers block money for temporary shelters for migrant homeless families
- Michael Latt, advocate and consultant in Hollywood, dies in targeted home invasion
- B.A. Parker is learning the banjo
- Associated Press correspondent Roland Prinz, who spent decades covering Europe, dies at age 85
- Goalie goal! Pittsburgh Penguins' Tristan Jarry scores clincher against Lightning
- Inmate transport driver who quit mid-trip and refused to stop charged with kidnapping, sheriff says
Recommendation
Trump suggestion that Egypt, Jordan absorb Palestinians from Gaza draws rejections, confusion
More than 30 people are trapped under rubble after collapse at a mine in Zambia, minister says
Venezuela’s government and opposition agree on appeal process for candidates banned from running
Mississippi sheriff changes policies after violent abuse. Victims say it’s to escape accountability
Toyota to invest $922 million to build a new paint facility at its Kentucky complex
Goalie goal! Pittsburgh Penguins' Tristan Jarry scores clincher against Lightning
Philippines says China has executed two Filipinos convicted of drug trafficking despite appeals
Protester critically injured after setting self on fire outside Israeli consulate in Atlanta