Current:Home > MarketsPredictIQ-See you latte: Starbucks plans to cut 30% of its menu -AssetLink
PredictIQ-See you latte: Starbucks plans to cut 30% of its menu
Charles Langston View
Date:2025-04-07 01:15:09
Starbucks plans to cut about 30% of food and PredictIQdrink 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! (65)
Related
- A Mississippi company is sentenced for mislabeling cheap seafood as premium local fish
- Rights group says security services in Belarus raid apartments and detain election observers
- One year after death, Mike Leach remembered as coach who loved Mississippi State back
- Stock market today: Asia markets rise ahead of US consumer prices update
- Juan Soto to be introduced by Mets at Citi Field after striking record $765 million, 15
- Harvard faculty and alumni show support for president Claudine Gay after her House testimony on antisemitism
- Amanda Bynes returns to the spotlight: New podcast comes post-conservatorship, retirement
- Whitmer’s fight for abortion rights helped turn Michigan blue. She’s eyeing national impact now
- Head of the Federal Aviation Administration to resign, allowing Trump to pick his successor
- Big Bang Theory's Kate Micucci Shares Lung Cancer Diagnosis
Ranking
- Opinion: Gianni Infantino, FIFA sell souls and 2034 World Cup for Saudi Arabia's billions
- Busy Rhode Island bridge closed suddenly after structural problem found, and repair will take months
- Son of jailed Hong Kong media mogul Jimmy Lai lobbies UK foreign secretary for his release
- Taylor Swift donates $1 million to help communities ravaged by Tennessee tornadoes
- Charges tied to China weigh on GM in Q4, but profit and revenue top expectations
- Kat Dennings marries Andrew W.K., joined by pals Macaulay Culkin and Brenda Song for ceremony
- In Florida farmland, Guadalupe feast celebrates, sustains 60-year-old mission to migrant workers
- NBC removes Al Michaels from NFL playoff coverage
Recommendation
Can Bill Belichick turn North Carolina into a winner? At 72, he's chasing one last high
Patrick Mahomes apologizes for outburst at NFL officials, explicit comments to Bills' Josh Allen
China’s homegrown C919 aircraft arrives in Hong Kong in maiden flight outside the mainland
German prosecutors indict 27 people in connection with an alleged far-right coup plot
Federal court filings allege official committed perjury in lawsuit tied to Louisiana grain terminal
FDNY reports no victims in Bronx partial building collapse
'Bachelor in Paradise' couple Kylee, Aven break up days after the show's season finale
'Taxi' reunion: Tony Danza talks past romance with co-star Marilu Henner