Current:Home > InvestSee you latte: Starbucks plans to cut 30% of its menu -Edge Finance Strategies
See you latte: Starbucks plans to cut 30% of its menu
View
Date:2025-04-18 18:47:41
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! (93)
Related
- Bill Belichick's salary at North Carolina: School releases football coach's contract details
- Prue Leith Serves Up Sizzling Details About Blake Lively and Ryan Reynolds' Baking Show Visit
- Kel Mitchell says he's 'on the road to recovery' after 'frightening' medical issue
- Iconic 1990s Philadelphia Eagles jacket like one worn by Princess Diana going on sale
- At site of suspected mass killings, Syrians recall horrors, hope for answers
- Tracy Chapman becomes the first Black person to win Song of the Year at the CMAs
- Are the Oakland Athletics moving to Las Vegas? What to know before MLB owners vote
- Live updates | Israeli strikes hit near Gaza City hospitals as more Palestinians flee south
- Buckingham Palace staff under investigation for 'bar brawl'
- Andre Iguodala takes over as acting executive director of NBA players’ union
Ranking
- Meta releases AI model to enhance Metaverse experience
- Kraken forward Jordan Eberle out after getting cut by skate in practice
- Trailblazing computer scientist Fei-Fei Li on human-centered AI
- A Belarusian dissident novelist’s father is jailed for two weeks for reposting an article
- This was the average Social Security benefit in 2004, and here's what it is now
- Expensive judicial races might be here to stay in Pennsylvania after record high court campaign
- Democratic West Virginia Sen. Joe Manchin is retiring, giving GOP a key pickup opportunity in 2024
- Putin and top military leaders visit southern military headquarters to assess his war in Ukraine
Recommendation
Paris Hilton, Nicole Richie return for an 'Encore,' reminisce about 'The Simple Life'
Stock market today: Asian shares fall after bond market stress hits Wall Street
131 World War II vets die each day, on average; here is how their stories are being preserved.
CBS News poll finds Republican voters want to hear about lowering inflation, not abortion or Trump
In ‘Nickel Boys,’ striving for a new way to see
Review: 'Ballad of Songbirds and Snakes' is the best 'Hunger Games' movie of them all
Former New Mexico State basketball players charged with sexual assault
Biden and Xi will meet Wednesday for talks on trade, Taiwan and managing fraught US-China relations