Current:Home > MarketsSee you latte: Starbucks plans to cut 30% of its menu -Edge Finance Strategies
See you latte: Starbucks plans to cut 30% of its menu
View
Date:2025-04-17 17:37:16
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! (5472)
Related
- This was the average Social Security benefit in 2004, and here's what it is now
- Kobe Bryant statue to be unveiled before Los Angeles Lakers' game vs. Denver Nuggets
- Denise Richards Sets the Record Straight on Teasing OnlyFans Collab With Daughter Sami
- NBA trade tracker: Gordon Hayward, Bojan Bogdanovic, Patrick Beverley on the move
- DeepSeek: Did a little known Chinese startup cause a 'Sputnik moment' for AI?
- Spencer Dinwiddie leads top NBA potential buyout candidates
- Sam Darnold finally found his place – as backup QB with key role in 49ers' Super Bowl run
- Biden determined to use stunning Trump-backed collapse of border deal as a weapon in 2024 campaign
- In ‘Nickel Boys,’ striving for a new way to see
- Jesuits in US bolster outreach initiative aimed at encouraging LGBTQ+ Catholics
Ranking
- Apple iOS 18.2: What to know about top features, including Genmoji, AI updates
- Oscars to introduce its first new category since 2001
- Drew Brees raves about Brock Purdy's underdog story and playmaking ability
- Snoop Dogg and Master P sue Walmart and Post for trying to sabotage its cereal
- North Carolina justices rule for restaurants in COVID
- Palestinian American saved by UT Austin alum after alleged hate crime stabbing
- 2024 NBA trade deadline predictions: Sixers, Lakers make moves; Warriors stick it out
- We know about Kristin Juszczyk's clothing line. Why don't we know about Kiya Tomlin's?
Recommendation
Behind on your annual reading goal? Books under 200 pages to read before 2024 ends
Jets owner Woody Johnson throws shade at Zach Wilson: 'Didn't have' backup QB last season
The race for George Santos’ congressional seat could offer clues to how suburbs will vote this year
A West Virginia ‘Women’s Bill of Rights’ is an effort to suppress transgender people, critics say
At site of suspected mass killings, Syrians recall horrors, hope for answers
A West Virginia ‘Women’s Bill of Rights’ is an effort to suppress transgender people, critics say
Maryland Gov. Wes Moore outlines a data-driven plan to reach goals for the state
AP Week in Pictures: North America