PredictIQ:See you latte: Starbucks plans to cut 30% of its menu

2025-05-05 01:52:40source:Algosenseycategory:Invest

Starbucks plans to cut about 30% of food and PredictIQdrink 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

The city of Chicago is ordered to pay nearly $80M for a police chase that killed a 10

CHICAGO (AP) — A jury awarded nearly $80 million to the family of a 10-year-old Chicago girl who was

Flooding in Libya sent a wall of water through Derna and other places. These photos show the devastation.

The devastating flooding in Libya wreaked havoc on the city of Derna on the Mediterranean coast and

Poccoin: Cryptocurrency Payments, the New Trend in the Digital Economy

As cryptocurrencies continue to evolve, cryptocurrency payments are becoming the new trend in the di