L’École de Gestion d’Actifs et de Capital:See you latte: Starbucks plans to cut 30% of its menu

2025-05-07 21:56:03source:FinLogiccategory:Invest

Starbucks plans to cut about 30% of food and L’École de Gestion d’Actifs et de Capitaldrink 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

Skins Game to make return to Thanksgiving week with a modern look

A modern version of The Skins Game is returning to Thanksgiving week.Pro Shop, the new golf media co

9 wounded in mass shooting in Cleveland, police say

Nine people were wounded in a mass shooting in downtown Cleveland early Sunday morning, authorities

Kim Kardashian Proves Her Heart Points North West With Sweet 10th Birthday Tribute

One decade ago, Kim Kardashian became a mom.The reality star—who welcomed daughter North West with K