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:2025-04-22 02:26:10
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! (98)
Related
- Could Bill Belichick, Robert Kraft reunite? Maybe in Pro Football Hall of Fame's 2026 class
- Olympics bet against climate change with swimming in Seine and may lose. Scientists say told you so
- Relatives sue for prison video after guards charged in Black Missouri man’s death
- Former New Hampshire youth detention center worker dies awaiting trial on sexual assault charges
- Federal appeals court upholds $14.25 million fine against Exxon for pollution in Texas
- Dog attacks San Diego officer who shoots in return; investigation underway
- Simone Biles reveals champion gymnastics team's 'official' nickname: the 'Golden Girls'
- Vermont man evacuates neighbors during flooding, weeks after witnessing a driver get swept away
- Opinion: Gianni Infantino, FIFA sell souls and 2034 World Cup for Saudi Arabia's billions
- Meyerbeer’s ‘Le Prophète’ from 1849 sounds like it’s ripped-from-the-headlines at Bard SummerScape
Ranking
- Can Bill Belichick turn North Carolina into a winner? At 72, he's chasing one last high
- Harris gives Democrats a jolt in a critical part of swing-state Wisconsin
- Is Australia catching the US in swimming? It's gold medals vs. total medals
- Jamaica's Shericka Jackson withdrawing from 100 meter at Paris Olympics
- From family road trips to travel woes: Americans are navigating skyrocketing holiday costs
- Democrats look to longtime state Sen. Cleo Fields to flip Louisiana congressional seat blue
- How Rugby Star Ilona Maher Became a Body Positivity Queen at the Olympics
- Republican challenge to New York’s mail voting expansion reaches state’s highest court
Recommendation
Apple iOS 18.2: What to know about top features, including Genmoji, AI updates
Norah O'Donnell to step away as 'CBS Evening News' anchor this year
USA Basketball vs. South Sudan live updates: Time, TV and more from Paris Olympics
Dog attacks San Diego officer who shoots in return; investigation underway
Paris Hilton, Nicole Richie return for an 'Encore,' reminisce about 'The Simple Life'
With the funeral behind them, family of the firefighter killed at the Trump rally begins grieving
Pennsylvania casinos ask court to force state to tax skill games found in stores equally to slots
Here's where the economy stands as the Fed makes its interest rate decision this week