Current:Home > NewsSee you latte: Starbucks plans to cut 30% of its menu -Summit Capital Strategies
See you latte: Starbucks plans to cut 30% of its menu
View
Date:2025-04-27 13:22:41
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! (93672)
Related
- From family road trips to travel woes: Americans are navigating skyrocketing holiday costs
- How tough is Saints' open coaching job? A closer look at New Orleans' imposing landscape
- Kristin Cavallari Wants Partner With a Vasectomy After Mark Estes Split
- New Hampshire’s governor’s race pits ex-Sen. Kelly Ayotte against ex-Mayor Joyce Craig
- Chuck Scarborough signs off: Hoda Kotb, Al Roker tribute legendary New York anchor
- Za'Darius Smith trade grades: Who won deal between Lions, Browns?
- Selena Gomez Claps Back at “Sick” Body-Shaming Comments After Emilia Perez Premiere
- Charges against South Carolina women's basketball's Ashlyn Watkins dismissed
- FACT FOCUS: Inspector general’s Jan. 6 report misrepresented as proof of FBI setup
- Democratic Sen. Amy Klobuchar is a heavy favorite to win 4th term against ex-NBA player Royce White
Ranking
- Are Instagram, Facebook and WhatsApp down? Meta says most issues resolved after outages
- Ready to spend retirement savings? What to know about a formula for safe withdrawals
- How tough is Saints' open coaching job? A closer look at New Orleans' imposing landscape
- Is oat milk good for you? Here's how it compares to regular milk.
- Intel's stock did something it hasn't done since 2022
- Democratic Sen. Amy Klobuchar is a heavy favorite to win 4th term against ex-NBA player Royce White
- Pete Davidson, Khloe Kardashian and More Stars Who Have Had Tattoos Removed
- Queen Camilla suffering from chest infection, forced to call off engagements, palace says
Recommendation
Can Bill Belichick turn North Carolina into a winner? At 72, he's chasing one last high
Heidi Klum poses with daughter, 20, and mom, 80, in new lingerie campaign
US Sen. Tim Kaine fights for a 3rd term in Virginia against GOP challenger Hung Cao
Competitive Virginia races could play a critical role in the battle for Congress
Gen. Mark Milley's security detail and security clearance revoked, Pentagon says
Boeing strike ends as machinists accept contract offer with 38% pay increase
Strike at Boeing was part of a new era of labor activism long in decline at US work places
Fantasy football Week 10: Trade value chart and rest of season rankings