Current:Home > MarketsIndexbit-See you latte: Starbucks plans to cut 30% of its menu -Streamline Finance
Indexbit-See you latte: Starbucks plans to cut 30% of its menu
FinLogic FinLogic Quantitative Think Tank Center View
Date:2025-04-08 06:50:10
Starbucks plans to cut about 30% of food and Indexbitdrink 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! (8)
Related
- What polling shows about Minnesota Gov. Tim Walz, Harris’ new running mate
- Mexico Supreme Court justice resigns, but not because of criticism over his Taylor Swift fandom
- Jeremy Allen White Reveals the Story Behind His Comment on Alexa Demie's Lingerie Photo Shoot
- Bangladesh raises monthly minimum wage for garment workers to $113 following weeks of protests
- Sonya Massey's father decries possible release of former deputy charged with her death
- What's the best way to ask for a flexible telework schedule? Ask HR
- Americans divided over Israel response to Hamas attacks, AP-NORC poll shows
- House censures Rep. Rashida Tlaib amid bipartisan backlash over Israel comments
- Sarah J. Maas books explained: How to read 'ACOTAR,' 'Throne of Glass' in order.
- Jeremy Allen White Reveals the Story Behind His Comment on Alexa Demie's Lingerie Photo Shoot
Ranking
- Paris Hilton, Nicole Richie return for an 'Encore,' reminisce about 'The Simple Life'
- Wisconsin Senate to vote on GOP-backed elections amendments to the state constitution
- Growing numbers of Palestinians flee on foot as Israel says its troops are battling inside Gaza City
- Planned Fossil Fuel Production Vastly Exceeds the World’s Climate Goals, ‘Throwing Humanity’s Future Into Question’
- What do we know about the mysterious drones reported flying over New Jersey?
- NFL mock draft 2024: Caleb Williams still ahead of Drake Maye for No. 1
- Senate Republicans seek drastic asylum limits in emergency funding package
- Mississippi woman sentenced to life for murder of her 7-week-old daughter
Recommendation
Residents in Alaska capital clean up swamped homes after an ice dam burst and unleashed a flood
Manchester City and Leipzig advance in Champions League. Veterans Pepe and Giroud shine
Prominent 22-year-old Palestinian protester Ahed Tamimi arrested by Israel on suspicion of inciting violence
Georgia’s lieutenant governor wants to cut government regulations on businesses
Who's hosting 'Saturday Night Live' tonight? Musical guest, how to watch Dec. 14 episode
‘Extraterrestrials’ return to Mexico’s congress as journalist presses case for ‘non-human beings’
Former Missouri teacher who created OnlyFans account says she has made nearly $1 million
Cody Dorman, who watched namesake horse win Breeders’ Cup race, dies on trip home