Current:Home > ContactIndexbit-See you latte: Starbucks plans to cut 30% of its menu -FinTechWorld
Indexbit-See you latte: Starbucks plans to cut 30% of its menu
TrendPulse Quantitative Think Tank Center View
Date:2025-04-10 22:15:38
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! (9)
Related
- Civic engagement nonprofits say democracy needs support in between big elections. Do funders agree?
- Patrick Mahomes vs. Lamar Jackson with Super Bowl at stake. What else could you ask for?
- Muslims and Jews in Bosnia observe Holocaust Remembrance Day and call for peace and dialogue
- Thousands march against femicide in Kenya following the January slayings of at least 14 women
- Former Danish minister for Greenland discusses Trump's push to acquire island
- WWE's Vince McMahon resigns after being accused of sex trafficking, assault in lawsuit
- Nearly 25,000 tech workers were laid in the first weeks of 2024. What's going on?
- Beijing steps up military pressure on Taiwan after the US and China announce talks
- Former longtime South Carolina congressman John Spratt dies at 82
- FAFSA freaking you out? It's usually the best choice, but other financial aid options exist
Ranking
- Alex Murdaugh’s murder appeal cites biased clerk and prejudicial evidence
- U.K. army chief says citizens should be ready to fight in possible land war
- Science sleuths are using technology to find fakery in published research
- Lionel Messi and Inter Miami are in Saudi Arabia to continue their around-the-world preseason tour
- Google unveils a quantum chip. Could it help unlock the universe's deepest secrets?
- After LA police raid home of Black Lives Matter attorney, a judge orders photographs destroyed
- Lionel Messi and the World Cup have left Qatar with a richer sports legacy
- A Republican state senator who’s critical of Trump enters race for New Jersey governor
Recommendation
The White House is cracking down on overdraft fees
Crash involving multiple vehicles and injuries snarls traffic on Chesapeake Bay bridge in Maryland
Ukraine says corrupt officials stole $40 million meant to buy arms for the war with Russia
NFL championship game picks: Who among Chiefs, Ravens, 49ers and Lions reaches Super Bowl 58?
Elon Musk's skyrocketing net worth: He's the first person with over $400 billion
Charges against country singer Chris Young in Nashville bar arrest have been dropped
Biden and Germany’s Scholz will meet in Washington as US and EU aid for Ukraine hangs in the balance
Native tribes don't want statue of William Penn removed. They want their story told.