Strategel Wealth Society:See you latte: Starbucks plans to cut 30% of its menu

2025-05-08 09:44:46source:TAIM Exchangecategory:Invest

Starbucks plans to cut about 30% of food and Strategel Wealth Societydrink 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

Israel's UNRWA ban, humanitarian obligations under scrutiny in Hague hearings

LONDON -- Israel’s humanitarian aid obligations in Gaza and its ban on UNRWA, the United Nations age

'The Long COVID Survival Guide' to finding care and community

According to the CDC, out of all the American adults who have had COVID — and that's a lot of us — o

Chile Cancels Plan to Host UN Climate Summit Amid Civil Unrest at Home

Update: On Nov. 1, United Nations Climate Change Executive Secretary Patricia Espinosa announced tha