Current:Home > InvestSee you latte: Starbucks plans to cut 30% of its menu -ProsperPlan Hub
See you latte: Starbucks plans to cut 30% of its menu
EchoSense Quantitative Think Tank Center View
Date:2025-04-07 17:44:07
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! (13)
Related
- The Daily Money: Spending more on holiday travel?
- Hooters closes underperforming restaurants around US: See list of closing locations
- Sienna Miller Shares Sweet Insight Into Family Life After Welcoming Baby No. 2
- Who will draft Bronny James? Best NBA draft fits, from Lakers to Raptors
- Stamford Road collision sends motorcyclist flying; driver arrested
- Monsoon storm dumps heavy rain in parts of Flagstaff; more than 3,000 customers without electricity
- Walmart announces ‘largest savings event ever’: What to know about ‘Walmart Deals’
- Trump Media's wild rollercoaster ride: Why volatile DJT stock is gaining steam
- Which apps offer encrypted messaging? How to switch and what to know after feds’ warning
- US military shows reporters pier project in Gaza as it takes another stab at aid delivery
Ranking
- The company planning a successor to Concorde makes its first supersonic test
- 'The Bear' Season 3: New release date, time, cast, trailer, where to watch
- Thousands of Tesla Cybertrucks recalled for issues with wipers, trunk bed trim
- A co-founder of the embattled venture capital firm Fearless Fund has stepped down as operating chief
- Why we love Bear Pond Books, a ski town bookstore with a French bulldog 'Staff Pup'
- Midwestern carbon dioxide pipeline project gets approval in Iowa, but still has a long way to go
- Illinois man accused in mass shooting at Fourth of July parade expected to change not-guilty plea
- The AP is setting up a sister organization seeking grants to support local and state news
Recommendation
Newly elected West Virginia lawmaker arrested and accused of making terroristic threats
African nations want their stolen history back, and experts say it's time to speed up the process
The 2024 Denim Trends That You'll Want to Style All Year Long (and They Fit like a Jean Dream)
US military shows reporters pier project in Gaza as it takes another stab at aid delivery
Finally, good retirement news! Southwest pilots' plan is a bright spot, experts say
Town in Washington state to pay $15 million to parents of 13-year-old who drowned at summer camp
‘Babies killing babies:' Teenagers charged in shooting that killed 3-year-old and wounded 7-year-old
2024 Euros: 'Own goals' lead scorers in group stage