Current:Home > StocksSee you latte: Starbucks plans to cut 30% of its menu -NextFrontier Capital
See you latte: Starbucks plans to cut 30% of its menu
View
Date:2025-04-17 17:54:52
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! (7638)
Related
- Intel's stock did something it hasn't done since 2022
- Democrat Matt Meyer and Republican Michael Ramone square off in Delaware’s gubernatorial contest
- Gigi Hadid Shares Rare Look at 4-Year-Old Daughter Khai in New Photos
- Tim Walz’s Family Guide: Meet the Family of Kamala Harris’ Running Mate
- Tarte Shape Tape Concealer Sells Once Every 4 Seconds: Get 50% Off Before It's Gone
- These Oprah’s Favorite Things Are Major Sell-Out Risks: Don’t Miss Your Chance!
- Ashanti and Nelly Share Sweet Update on Family Life 3 Months After Welcoming Baby
- West Virginians’ governor choices stand on opposite sides of the abortion debate
- Skins Game to make return to Thanksgiving week with a modern look
- Republican Mike Braun faces Republican-turned-Democrat Jennifer McCormick in Indiana governor’s race
Ranking
- Meta donates $1 million to Trump’s inauguration fund
- US Sen. Tim Kaine fights for a 3rd term in Virginia against GOP challenger Hung Cao
- Ruby slippers from ‘The Wizard of Oz’ are for sale nearly 2 decades after they were stolen
- Are schools closed on Election Day? Here's what to know before polls open
- Nearly half of US teens are online ‘constantly,’ Pew report finds
- Arizona voters to decide on expanding abortion access months after facing a potential near-total ban
- Boeing strike ends as machinists accept contract offer with 38% pay increase
- Montana Rep. Zooey Zephyr must win reelection to return to the House floor after 2023 sanction
Recommendation
Meta releases AI model to enhance Metaverse experience
Jonathan Mingo trade grades: Did Cowboys get fleeced by Panthers in WR deal?
Connecticut to decide on constitution change to make mail-in voting easier
Pregnant Gisele Bündchen and Boyfriend Joaquim Valente Bond With Her Kids in Miami
Selena Gomez engaged to Benny Blanco after 1 year together: 'Forever begins now'
Pete Davidson, Khloe Kardashian and More Stars Who Have Had Tattoos Removed
Kristin Cavallari Says Britney Spears Reached Out After She Said She Was a Clone
McBride and Whalen’s US House race sets the stage for a potentially historic outcome