Current:Home > InvestSee you latte: Starbucks plans to cut 30% of its menu -TruePath Finance
See you latte: Starbucks plans to cut 30% of its menu
PredictIQ Quantitative Think Tank Center View
Date:2025-04-09 01:25:06
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! (32)
Related
- 'Kraven the Hunter' spoilers! Let's dig into that twisty ending, supervillain reveal
- Department of Justice sues Maine for treatment of children with behavioral health disabilities
- Trader Joe's viral mini tote bags returning soon
- Spring rains destroyed a harvest important to the Oneida tribe. Farmers are working to adapt
- B.A. Parker is learning the banjo
- JonBenét Ramsey's Dad John Ramsey Says DNA in 27-Year Cold Case Still Hasn’t Been Tested
- Missing California woman found alive after 12 days in the wilderness
- 'The Room Next Door' wins Venice Film Festival's Golden Lion for best picture
- South Korean president's party divided over defiant martial law speech
- Amy Adams Makes Rare Comments About 14-Year-Old Daughter Aviana
Ranking
- Which apps offer encrypted messaging? How to switch and what to know after feds’ warning
- Horoscopes Today, September 8, 2024
- Beyoncé shares another 'Cécred Sunday' video of her wash day hair routine
- California's Line Fire grows due to high temperatures, forces evacuations: See map
- Finally, good retirement news! Southwest pilots' plan is a bright spot, experts say
- YouTube removes right-wing media company's channels after indictment alleges Russian funding
- Selena Gomez Says She Can't Carry Her Own Children Amid Health Journey
- Nicole Kidman misses Venice best actress win after mom's death: 'I'm in shock'
Recommendation
Behind on your annual reading goal? Books under 200 pages to read before 2024 ends
Grief over Gaza, qualms over US election add up to anguish for many Palestinian Americans
Lower rates are coming. You should check your CD rates now to keep earning, experts say.
Trump signals support for reclassifying pot as a less dangerous drug, in line with Harris’ position
Trump suggestion that Egypt, Jordan absorb Palestinians from Gaza draws rejections, confusion
Woman missing for 12 days found alive, emaciated, in remote California canyon
Gaudreau brothers to be honored by family, friends and their grieving hockey teammates at funeral
Cantaloupe recalled for possible salmonella contamination: See which states are impacted