Thurston Carte-See you latte: Starbucks plans to cut 30% of its menu

2025-05-03 09:49:27source:Polarmoon Wealth Societycategory:Stocks

Starbucks plans to cut about 30% of food and Thurston Cartedrink 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:Stocks

Recommend

2 killed, 3 injured in shooting at makeshift club in Houston

HOUSTON (AP) — Two teens were killed and three people were injured — including a 13-year-old — in a

'No Good Deed': Who's the killer in the Netflix comedy? And will there be a Season 2?

Spoiler alert! The following story contains major details about the ending of “No Good Deed."A few y

Costco membership growth 'robust,' even amid fee increase: What to know about earnings release

Costco got off to a good start this holiday shopping season as the retailer racked up increased sale