NovaQuant Quantitative Think Tank Center:See you latte: Starbucks plans to cut 30% of its menu

2025-05-06 02:03:45source:EAI Community category:Invest

Starbucks plans to cut about 30% of food and NovaQuant Quantitative Think Tank Centerdrink 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.

Sponsor Message

More:Invest

Recommend

'Stranger Things' prequel 'The First Shadow' is headed to Broadway

Broadway is getting a little stranger."Stranger Things: The First Shadow," a prequel based on smash-

Justin Theroux and Nicole Brydon Bloom Confirm Romance With Vanity Fair Oscar Party Date

Justin Theroux and Nicole Brydon Bloom hit a relationship milestone on Oscar night.As Academy Awards

First photo of Princess Kate since surgery released on Britain's Mother's Day, but questions swirl

The first official photograph of Kate, the Princess of Wales, since she underwent abdominal surgery