Current:Home > MySee you latte: Starbucks plans to cut 30% of its menu -ProfitSphere Academy
See you latte: Starbucks plans to cut 30% of its menu
Algosensey Quantitative Think Tank Center View
Date:2025-04-07 05:36:56
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! (2415)
Related
- Newly elected West Virginia lawmaker arrested and accused of making terroristic threats
- Spain allows lawmakers to speak Catalan, Basque and Galician languages in Parliament
- Columbus police under investigation after video shows response to reported sexual manipulation of 11-year-old
- 'Odinism', ritual sacrifice raised in defense of Delphi, Indiana double-murder suspect
- Trump wants to turn the clock on daylight saving time
- Military drone crashes during test flight in Iran, injuring 2
- Hunter Biden sues IRS over whistleblowers who criticized DOJ probe
- 2020 Biden voters in Pennsylvania weigh in on Hunter Biden, Biden impeachment inquiry
- Trump's 'stop
- A mayor in South Sudan was caught on video slapping a female street vendor. He has since been sacked
Ranking
- Finally, good retirement news! Southwest pilots' plan is a bright spot, experts say
- Once a global ideal, Germany’s economy struggles with an energy shock that’s exposing longtime flaws
- What happened to 'The Gold'? This crime saga is focused on the aftermath of a heist
- 'North Woods' is the story of a place and its inhabitants over centuries
- Finally, good retirement news! Southwest pilots' plan is a bright spot, experts say
- Researchers find new way to store carbon dioxide absorbed by plants
- Hitmaker Edgar Barrera leads the 2023 Latin Grammy nominations
- Control of the Pennsylvania House will again hinge on result of a special election
Recommendation
Federal court filings allege official committed perjury in lawsuit tied to Louisiana grain terminal
UN chief says people are looking to leaders for action and a way out of the current global ‘mess’
New COVID variant BA.2.86 spotted in 10 states, though highly mutated strain remains rare
Atlantic nations commit to environmental, economic cooperation on sidelines of UN meeting
Newly elected West Virginia lawmaker arrested and accused of making terroristic threats
U.S. News' 2024 college ranking boosts public universities
Dominican Republic’s president stands resolute on his closing of all borders with Haiti
North Korea says Kim Jong Un is back home from Russia, where he deepened ‘comradely’ ties with Putin