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

2025-05-01 17:44:17source:Darden Clarkecategory:Invest

Starbucks plans to cut about 30% of food and Lumicoin IAdrink 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

How 23andMe's bankruptcy led to a run on the gene bank

Reporter Alexi Horowitz-Ghazi's Aunt Vovi signed up for 23andMe back in 2017, hoping to learn more a

Beyoncé and Miley Cyrus duet on 'Cowboy Carter' track: What to know about 'II Most Wanted'

Beyoncé and Miley Cyrus teamed up for a song about a classic Americana topic: cars and road trips.

Man who threatened to detonate bomb during California bank robbery killed by police

Police killed a man suspected of robbing a bank in Southern California after he threatened to detona