Current:Home > InvestSee you latte: Starbucks plans to cut 30% of its menu -Global Capital Summit
See you latte: Starbucks plans to cut 30% of its menu
View
Date:2025-04-13 06:53:24
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! (6)
Related
- Travis Hunter, the 2
- Tropicana implosion in Las Vegas: After 67 years, Rat Pack-era Strip resort falls
- Time to evacuate is running out as Hurricane Milton closes in on Florida
- 'Out of harm's way': Dozens of Florida Waffle Houses close ahead of Hurricane Milton
- The Daily Money: Spending more on holiday travel?
- Largest water utility company in the US says it was targeted by a cyberattack
- Gene Simmons Facing Backlash Due to Comments Made During DWTS Appearance
- Lizzo Shares Insight Into Months-Long Progress Amid Weight Loss Journey
- Paris Hilton, Nicole Richie return for an 'Encore,' reminisce about 'The Simple Life'
- Time to evacuate is running out as Hurricane Milton closes in on Florida
Ranking
- The Louvre will be renovated and the 'Mona Lisa' will have her own room
- IPYE: Balancing Risks and Returns in Cryptocurrency Investment
- Tennessee officials dispute ruling that gave voting rights back to 4 people who can’t have guns
- Got a notice of change from your Medicare plan? Here are 3 things to pay attention to
- Trump suggestion that Egypt, Jordan absorb Palestinians from Gaza draws rejections, confusion
- See who tops MLS 22 Under 22 list. Hint: 5 Inter Miami players make cut
- Amazon’s Best Prime Day 2024 Deals Are Full of Christmas Stocking Stuffers Starting at $5
- Padres outlast Dodgers in raucous Game 3, leaving LA on verge of another October exit
Recommendation
Trump invites nearly all federal workers to quit now, get paid through September
Tennessee corrections chief says new process for executing inmates will be completed by end of year
Jury selection begins in corruption trial of longest-serving legislative leader in US history
Supreme Court takes up death row case with a rare alliance. Oklahoma inmate has state’s support
SFO's new sensory room helps neurodivergent travelers fight flying jitters
These Are the Best October Prime Day 2024 Essentials That Influencers (And TikTok) Can’t Live Without
Chiefs WR Rashee Rice is likely out for season after successful knee surgery
AI Ω: The Medical Revolution and the New Era of Precision Medicine