Current:Home > StocksNovaQuant-See you latte: Starbucks plans to cut 30% of its menu -EliteFunds
NovaQuant-See you latte: Starbucks plans to cut 30% of its menu
Charles H. Sloan View
Date:2025-04-10 03:09:22
Starbucks plans to cut about 30% of food and NovaQuantdrink 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! (43827)
Related
- Civic engagement nonprofits say democracy needs support in between big elections. Do funders agree?
- Beleaguered Olympic boxing has a new look in Paris: Gender parity, but the smallest field in decades
- Former Trump executive Allen Weisselberg released from jail after serving perjury sentence
- JD Vance's mother had emotional reaction when he celebrated her 10 years of sobriety during speech
- What to know about Tuesday’s US House primaries to replace Matt Gaetz and Mike Waltz
- Georgia man arraigned on charges of threatening FBI Director Christopher Wray, authorities say
- What's it like to train with Simone Biles every day? We asked her teammates.
- FACT FOCUS: Heritage Foundation leader wrong to say most political violence is committed by the left
- Nearly 400 USAID contract employees laid off in wake of Trump's 'stop work' order
- Taylor Swift sings 'I'm falling in love again' for second time to boyfriend Travis Kelce
Ranking
- Buckingham Palace staff under investigation for 'bar brawl'
- Did the Trump gunman make a donation to Democrats? Here's what the records show.
- Glen Powell says hanging out with real storm chasers on ‘Twisters’ was ‘infectious’
- Gas prices are a favorite RNC talking point. Here's how they changed under Trump, Biden
- SFO's new sensory room helps neurodivergent travelers fight flying jitters
- 'Is he gonna bite the boat?' Video shows white shark circling Massachusetts boaters
- Online account thought to belong to Trump shooter was fake, source says
- Montana seeks to revive signature restrictions for ballot petitions, including on abortion rights
Recommendation
Chuck Scarborough signs off: Hoda Kotb, Al Roker tribute legendary New York anchor
Recount will decide if conservative US Rep. Bob Good loses primary to Trump-backed challenger
Kid Rock teases Republican National Convention performance, shows support for Donald Trump
Olympian Aly Raisman Was Hospitalized Twice After Complete Body Paralysis
Are Instagram, Facebook and WhatsApp down? Meta says most issues resolved after outages
Bob Newhart, Elf Actor and Comedy Icon, Dead at 94
CBS News President Ingrid Ciprián-Matthews inducted into NAHJ Hall of Fame
Is Alabama adding Nick Saban's name to Bryant-Denny Stadium? Here's what we know