Current:Home > StocksPredictIQ-See you latte: Starbucks plans to cut 30% of its menu -Quantum Capital Pro
PredictIQ-See you latte: Starbucks plans to cut 30% of its menu
Ethermac View
Date:2025-04-07 09:43:40
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! (2)
Related
- The city of Chicago is ordered to pay nearly $80M for a police chase that killed a 10
- Hearing in Karen Read case expected to focus on jury deliberations
- 'Euphoria' star Hunter Schafer says co-star Dominic Fike cheated on her
- CeeDee Lamb contract standoff only increases pressure on Cowboys
- Rams vs. 49ers highlights: LA wins rainy defensive struggle in key divisional game
- California governor vows to take away funding from cities and counties for not clearing encampments
- Why Zoë Kravitz & Channing Tatum's On-Set Relationship Surprised Their Blink Twice Costar Levon Hawke
- 'A Good Girl's Guide to Murder' is now on Netflix: Get to know the original books
- Behind on your annual reading goal? Books under 200 pages to read before 2024 ends
- After 'hell and back' journey, Tara Davis-Woodhall takes long jump gold at Paris Olympics
Ranking
- US appeals court rejects Nasdaq’s diversity rules for company boards
- 'Take care': Utah executes Taberon Dave Honie in murder of then-girlfriend's mother
- US jury convicts Mozambique’s ex-finance minister Manuel Chang in ‘tuna bonds’ corruption case
- 'A Good Girl's Guide to Murder' is now on Netflix: Get to know the original books
- McKinsey to pay $650 million after advising opioid maker on how to 'turbocharge' sales
- Florida sheriff’s deputy rescues missing 5-year-old autistic boy from pond
- Doomed crew on Titan sub knew 'they were going to die,' lawsuit says
- Handlers help raise half-sister patas monkeys born weeks apart at an upstate New York zoo
Recommendation
Meta releases AI model to enhance Metaverse experience
Debby bringing heavy rain, flooding and possible tornadoes northeast into the weekend
Pocket-sized creatures: Video shows teeny-tiny endangered crocodiles hatch
Nelly arrested, allegedly 'targeted' with drug possession charge after casino outing
The Daily Money: Spending more on holiday travel?
Is yogurt healthy? Why you need to add this breakfast staple to your routine.
Colin Jost abruptly exits Olympics correspondent gig
Pocket-sized creatures: Video shows teeny-tiny endangered crocodiles hatch