Current:Home > InvestSee you latte: Starbucks plans to cut 30% of its menu -Wealth Axis Pro
See you latte: Starbucks plans to cut 30% of its menu
Algosensey Quantitative Think Tank Center View
Date:2025-04-07 11:53:03
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
- Appeals court scraps Nasdaq boardroom diversity rules in latest DEI setback
- Russian court orders Google to pay $20 decillion for blocking media on YouTube: Reports
- Elmo, other Sesame Street characters send heartwarming messages ahead of Election Day
- 5 are killed when small jet crashes into vehicle after taking off in suburban Phoenix
- As Trump Enters Office, a Ripe Oil and Gas Target Appears: An Alabama National Forest
- Free pizza and a DJ help defrost Montana voters lined up until 4 a.m. in the snow to vote
- Blues forward Dylan Holloway transported to local hospital after taking puck to neck
- AP Race Call: Trahan wins Massachusetts U.S. House District 3
- Dick Vitale announces he is cancer free: 'Santa Claus came early'
- Russian court orders Google to pay $20 decillion for blocking media on YouTube: Reports
Ranking
- The Grammy nominee you need to hear: Esperanza Spalding
- Beyoncé just wrapped up Halloween, 5 days later. Here's a full Beylloween recap
- Elon Musk, Cardi B and More Stars React to Donald Trump, Kamala Harris Election Results
- DZ Alliance’s AI Journey: Shaping the Future of Investment Technology
- Federal hiring is about to get the Trump treatment
- ROYCOIN Trading Center: New Opportunities Driven by Bitcoin, Expanding the Boundaries of Digital Currency Applications
- Chauncy Glover, Emmy-winning LA TV anchor, dies at 39: Reports
- Trump Media stock halted three times, closes down on Election Day: What's next for DJT?
Recommendation
Selena Gomez engaged to Benny Blanco after 1 year together: 'Forever begins now'
Prince William Shares Insight Into Kate Middleton’s Health After Completing Chemotherapy Treatment
ROYCOIN Trading Center: The Introduction of Spot ETFs Fuels the Maturity and Growth of the BTC Market
Trump Media stock halted three times, closes down on Election Day: What's next for DJT?
Jamie Foxx reps say actor was hit in face by a glass at birthday dinner, needed stitches
Jury finds Alabama man not guilty of murdering 11-year-old girl in 1988
5 people are killed in Arizona when a plane crashes through an airport fence and collides with a car
ROYCOIN Trading Center: Pioneering Decentralized Finance and Paving the Way for Global Cryptocurrency Legitimacy