Current:Home > InvestSee you latte: Starbucks plans to cut 30% of its menu -Blueprint Money Mastery
See you latte: Starbucks plans to cut 30% of its menu
FinLogic FinLogic Quantitative Think Tank Center View
Date:2025-04-07 17:34:48
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! (9)
Related
- Average rate on 30
- Jennifer Garner and Sheryl Lee Ralph Discuss Why They Keep Healthy Relationships With Their Exes
- Make Fitness a Priority and Save 49% On a Foldable Stationary Bike With Resistance Bands
- Federal judge in Trump case has limited track record in criminal cases, hews closely to DOJ sentencing recommendations
- The Grammy nominee you need to hear: Esperanza Spalding
- Yankees pitcher Jimmy Cordero suspended for rest of 2023 season for violating MLB's domestic violence policy
- Giant Icebergs Are Headed for South Georgia Island. Scientists Are Scrambling to Catch Up
- A Surge From an Atmospheric River Drove California’s Latest Climate Extremes
- Selena Gomez engaged to Benny Blanco after 1 year together: 'Forever begins now'
- Global Ice Loss on Pace to Drive Worst-Case Sea Level Rise
Ranking
- Travis Hunter, the 2
- This Review of Kim Kardashian in American Horror Story Isn't the Least Interesting to Read
- How 12 Communities Are Fighting Climate Change and What’s Standing in Their Way
- As Congress Launches Month of Climate Hearings, GOP Bashes Green New Deal
- Tree trimmer dead after getting caught in wood chipper at Florida town hall
- 3 Arctic Wilderness Areas to Watch as Trump Tries to Expand Oil & Gas Drilling
- Jennifer Lawrence's Red Carpet Look Is a Demure Take on Dominatrix Style
- John Berylson, Millwall Football Club owner, dead at 70 in Cape Cod car crash
Recommendation
Bodycam footage shows high
UN Climate Talks Slowed by Covid Woes and Technical Squabbles
Elite runner makes wrong turn just before finish line, costing her $10,000 top prize
New York employers must now tell applicants when they encounter AI
How to watch the 'Blue Bloods' Season 14 finale: Final episode premiere date, cast
Man cited in Supreme Court case on same-sex wedding website says he never contacted designer. But does it matter?
In California, a Warming Climate Will Help a Voracious Pest—and Hurt the State’s Almonds, Walnuts and Pistachios
America’s Energy Future: What the Government Misses in Its Energy Outlook and Why It Matters