Current:Home > InvestSee you latte: Starbucks plans to cut 30% of its menu -Thrive Capital Insights
See you latte: Starbucks plans to cut 30% of its menu
View
Date:2025-04-14 03:11:09
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! (222)
Related
- Olympic disqualification of gold medal hopeful exposes 'dark side' of women's wrestling
- EU presidency warns democracy will be put to the test in US elections in November
- An emotional Christina Applegate receives a standing ovation at the Emmys
- Jason Bateman Jokes About Getting Lip Fillers at Emmy Awards 2023
- 'As foretold in the prophecy': Elon Musk and internet react as Tesla stock hits $420 all
- Gilgo Beach serial killing suspect returning to court as prosecutors plan major announcement
- Toledo officers shoot, kill suspect in homicide of woman after pursuit, police say
- Eight dead and an estimated 100 people missing after the latest Nigeria boat accident
- NCAA hands former Michigan coach Jim Harbaugh a 4-year show cause order for recruiting violations
- Niecy Nash-Betts Details Motivation Behind Moving Acceptance Speech
Ranking
- Paris Olympics live updates: Quincy Hall wins 400m thriller; USA women's hoops in action
- Missed Iowa Caucus 2024 coverage? Watch the biggest moments here
- Jeremy Allen White's Sweet Emmys Shoutout to Daughters Ezer and Dolores Will Melt Your Heart
- Iran strikes targets in northern Iraq and Syria as regional tensions escalate
- A steeplechase record at the 2024 Paris Olympics. Then a proposal. (He said yes.)
- Ships and aircraft search for 2 Navy SEALs missing after mission to confiscate Iranian missile parts
- AI Robotics Profit 4.0 - Destined to be a Revolutionary Tool in the Investment World
- Shell to sell big piece of its Nigeria oil business, but activists want pollution cleaned up first
Recommendation
What were Tom Selleck's juicy final 'Blue Bloods' words in Reagan family
Lebanon’s top court suspends arrest warrant for former cabinet minister in Beirut port blast case
Matthew Perry tribute by Charlie Puth during Emmys 'In Memoriam' segment leaves fans in tears
As Jenni Hermoso looks on, Aitana Bonmatí hails ‘powerful generation of women’
Kylie Jenner Shows Off Sweet Notes From Nieces Dream Kardashian & Chicago West
Ray Liotta's Daughter Karsen Liotta and Fiancée Jacy Nittolo Honor Actor's Legacy at 2023 Emmys
Quinta Brunson's Stylist Defends Her Emmys 2023 Crushed Satin Look
Emmys 2024 winners list: Quinta Brunson and 'The Bear' score early wins