Current:Home > StocksTradeEdge-See you latte: Starbucks plans to cut 30% of its menu -AssetTrainer
TradeEdge-See you latte: Starbucks plans to cut 30% of its menu
SignalHub Quantitative Think Tank Center View
Date:2025-04-08 03:35:52
Starbucks plans to cut about 30% of food and TradeEdgedrink 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! (11876)
Related
- Trump's 'stop
- Fossil Fuel Development and Invasive Trees Drive Pronghorn Population Decline in Wyoming
- Black voters feel excitement, hope and a lot of worry as Harris takes center stage in campaign
- Harris looks to lock up Democratic nomination after Biden steps aside, reordering 2024 race
- Mets have visions of grandeur, and a dynasty, with Juan Soto as major catalyst
- Mamie Laverock speaks out for first time after suffering 5-story fall: 'My heart is full'
- Bella Thorne Slams Ozempic Trend For Harming Her Body Image
- MLB trade deadline 2024: Biggest questions as uncertainty holds up rumor mill
- Head of the Federal Aviation Administration to resign, allowing Trump to pick his successor
- A gunman has killed 6 people including his mother at a nursing home in Croatia, officials say
Ranking
- Why we love Bear Pond Books, a ski town bookstore with a French bulldog 'Staff Pup'
- Takeaways from a day that fundamentally changed the presidential race
- 2024 Olympics: You’ll Flip Over Gymnasts Simone Biles and Jordan Chiles’ BFF Moments
- Largest trial court in the US closes after ransomware attack, California officials say
- Who are the most valuable sports franchises? Forbes releases new list of top 50 teams
- Lightning strikes in Greece start fires, kill cattle amid dangerous heat wave
- The best hybrid SUVs for 2024: Ample space, admirable efficiency
- 'This can't be real': He left his daughter alone in a hot car for hours. She died.
Recommendation
Sam Taylor
What to know about Kamala Harris' viral coconut tree meme: You exist in the context of all in which you live
Watch rappeller rescue puppy from 25-foot deep volcanic fissure on Hawaii's Big Island
Everything you need to know about Katie Ledecky, the superstar American swimmer
San Francisco names street for Associated Press photographer who captured the iconic Iwo Jima photo
'Mind-boggling': Woman shoots baby in leg over $100 drug debt, police say
Which country has the most Olympic medals of all-time? It's Team USA in a landslide.
Stock market today: Asian shares fall after Wall St ends worst week; Biden withdraw from 2024 race