logo
Starbucks drops more than a dozen drinks from its menu amid layoffs

Starbucks drops more than a dozen drinks from its menu amid layoffs

Washington Post26-02-2025

Goodbye, Caramel Ribbon Crunch Crème Frappuccino. Adios, White Hot Chocolate.
Starbucks is getting rid of more than a dozen drinks, the company announced this week, as part of an effort to get back to its roots as a place that serves, well … coffee. The list of soon-to-be-axed beverages includes a number of frappuccino concoctions as Starbucks sought to eliminate drinks it said were either too complicated to make, weren't big sellers or were similar to other menu items. On Monday, Starbucks also announced it is laying off 1,100 of its 16,000 corporate employees.
'We're simplifying our menu to focus on fewer, more popular items, executed with excellence,' the company wrote in a message posted on its webpage. 'This will make way for innovation, help reduce wait times, improve quality and consistency, and align with our core identity as a coffee company.'
The move is part of a rebranding for the 53-year-old coffee chain led by CEO Brian Niccol, who, shortly after taking the company's reins, in September announced an initiative called 'Back to Starbucks' that included paring back the chain's sprawling menu and refocusing on coffee.
The drinks slated to disappear as of March 4 are: Iced Matcha Lemonade, Espresso Frappuccino, Caffè Vanilla Frappuccino, Java Chip Frappuccino, White Chocolate Mocha Frappuccino, Chai Crème Frappuccino, Caramel Ribbon Crunch Crème Frappuccino, Double Chocolaty Chip Crème Frappuccino, Chocolate Cookie Crumble Crème Frappuccino, White Chocolate Crème Frappuccino, White Hot Chocolate, Royal English Breakfast Latte and Honey Almondmilk Flat White.
Starbucks isn't done cleaning out its pantry, either: More food and drink items will be removed in the coming months, resulting in a 30 percent smaller menu by the end of September, the company said.
The news was doubtless welcomed by the baristas who have grumbled about the time it takes to prepare the complex elixirs, which involve various syrups and foams. Some fans, of course, weren't too thrilled, with some posting videos in tribute to their beloved beverages.
The effort to streamline and improve service comes as Starbucks has been feeling a financial pinch: Same-store sales have declined for the last three quarters, and global coffee prices are at record highs. In his September message, Niccol acknowledged that the customer experience wasn't what it used to be. 'Menus can feel overwhelming, product is inconsistent, the wait too long or the handoff too hectic,' he wrote.
Since then, Niccol has instituted other changes meant to bring back the chain's good old days, including a return of the bar allowing customers to add their own milk and sweeteners, baristas writing and doodling on cups and more use of ceramic mugs in place of paper cups.

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Here's how long you have to work to afford a cup of coffee in Arizona
Here's how long you have to work to afford a cup of coffee in Arizona

Yahoo

time7 hours ago

  • Yahoo

Here's how long you have to work to afford a cup of coffee in Arizona

A new study set out to determine how much time Americans need to work to afford a regular cup of coffee. In Arizona, the answer might make caffeine lovers wince. The report, published by Coffeeness, a coffee blog known for reviews and brewing tips, compared the average price of a basic black coffee in every state, excluding specialty drinks and boutique roasters, with each state's average hourly wage to find out where coffee is most affordable in the U.S. The result? Arizona ranks among the worst states for coffee affordability. According to the data, Arizonans must spend about 10.2% of their average hourly wage — or work 6.1 minutes — to afford a standard cup of coffee. That's the fourth-longest time in the country and 13% higher than the national average. Opting for a Starbucks brew stretches that time to 9 minutes, making your morning ritual a bit more of an investment here than in most states. Arizona also ranks low in coffee consumption per capita, but Phoenix locals still enjoy a strong and diverse coffee scene — whether you're looking to sip in a cozy nook, work remotely or just grab a drink on the go. Here's a breakdown of where coffee is most and least affordable across the country — plus a few great spots in Phoenix to enjoy your next cup, no matter your budget. Life in the Valley: You can buy cacti and coffee at this quirky Phoenix plant shop According to Coffeeness, these five states require the most work time per cup: Hawaii New Mexico Lousiana Arizona Nevada For a Starbucks cup of black coffee, these are the five states where workers have to put in more effort: Arkansas Mississippi New Mexico Wyoming South Dakota These five states are best to sip in a cozy cup without breaking the bank: Nebraska Minnesota North Dakota Montana Wisconsin This is where Starbucks coffee is most affordable: District of Columbia Massachusetts Washington Connecticut Colorado Phoenix is home to plenty of creative and welcoming coffee shops that cater to all kinds of tastes, vibes — and wallets. Here are a few standout spots recommended by Arizona Republic food and dining reporter Endia Fontanez: Best for: Co-working with friends. Food: Sandwiches, bagels and locally sourced pastries. Parking: Paid street parking. Seating: Plenty of seating at large shared tables. Hours: 7 a.m.-6 p.m. daily. Details: 214 E. Roosevelt St., Suite 2, Phoenix. 602-283-4062, Best for: A classy date spot with mood lighting and photogenic drinks. Food: Large menu of sandwiches, breakfast items and more. Parking: Large parking lot. Seating: Plenty of space inside and even more on the patio. Hours: 6 a.m.-2 p.m. Monday-Friday; 8 a.m.-2 p.m. Saturday; closed Sunday. Details: 901 S. Seventh St., Phoenix. 602-904-7550, Best for: Art and community. Food: Limited pastry options. Parking: Large parking lot around the corner at 15th and Grand avenues. Seating: Limited seating inside and outside. Hours: 8 a.m.-6 p.m. daily. Details: 1301 Grand Ave., Suite 6, Phoenix. @_aftermarket on Instagram. Best for: Chatting with friends on a leisurely weekend morning. Food: A few pastries. Parking: Street parking near Dig It Gardens. Seating: A small number of chairs around the garden. Hours: 9 a.m.-1 p.m. Saturday-Sunday. Details: 3015 N. 16th St., Phoenix. @ on Instagram. Best for: A quiet, cozy spot to work with few distractions. Food: Sweet and savory house-made crepes. Parking: Dedicated parking lot. Seating: Plenty of space both inside and outside. Hours: 7 a.m.-9 p.m. Monday-Saturday. Closed Sundays. Details: 2315 N. Seventh St., Phoenix. Coffeeness analyzed the average cost of a regular coffee and a Starbucks coffee in each U.S. state. Using average hourly wage data from the Bureau of Labor Statistics, they calculated the percentage of a worker's income needed to buy one cup of coffee a day. That number was then converted into minutes of work required for the purchase. So while Arizona may not be the most wallet-friendly state for your daily coffee fix, Phoenix still offers plenty of spots worth the extra minutes on the clock. This article originally appeared on Arizona Republic: Here's how long you have to work to afford a cup of coffee

Subway owner makes major billion-dollar fast food acquisition
Subway owner makes major billion-dollar fast food acquisition

Miami Herald

timea day ago

  • Miami Herald

Subway owner makes major billion-dollar fast food acquisition

Many of us take our favorite fast food restaurants for granted. After all, these dining establishments aren't exactly made for us to meditate on. Related: Lowe's makes one of its largest ever billion-dollar acquisitions They're intended to serve up a hot meal quickly and allow customers to get on their way as fast as possible. And many newer conveniences and advancements have only made rapid dining even quicker. Drive-thrus, mobile ordering, and delivery options allow customers to get their meals with just a click of a button -- or sometimes without even leaving their homes or cars. So it's probably not often that you consider the underlying business and logistics that make your favorite fast food meal possible. For instance, not many people think about the Starbucks business model. We just know that there's one on every corner, and that seems to work pretty well. But Starbucks has spent years researching and discovering that a cafe on every corner doesn't just capture the maximum number of patrons -- it also crowds out competition. Starbucks isn't alone. Fast food companies across the U.S. have deliberated for years on business best practices -- and rapidly change based on what they learn. Image source: Shutterstock Fast food restaurants are constantly working to improve the customer experience so they can quickly serve as vast of a population as possible. In the 2010s, for example, when having a wide array of choices was popular, menus expanded. More Food & Dining: Popular Mexican chain closing all restaurants, no bankruptcyIconic Warren Buffett candy store suddenly closing after 30 yearsWalmart's Sam's Club makes a Costco-style food court changePopular Trader Joe's wine brand has bad news, making harsh choice Suddenly, chains from Chipotle to Starbucks to Subway to Wendy's grew their menus to offer more choices for a diverse customer base. Nowadays, many customers are more health-conscious. So chains like Steak and Shake and In-N-Out are doing away with less healthful ingredients and swapping them for things like beef tallow or less-processed products. Of course, those at the top of the food chain are always in growth mode. In addition to catering to an ever-changing customer taste, the biggest fast food chains are constantly expanding to either beat out competition -- or buy them outright. And now, Roark Capital, a private equity firm, will buy Dave's Hot Chicken -- a popular fried chicken chain. Related: Popular fast-food burger chain closes all restaurants in key area Dave's Hot Chicken serves things like chicken sliders with varying levels of heat, ranging from no spice to reaper level. It has over 300 locations across the globe. The deal, which is reportedly worth about $1 billion, will allow Dave's Hot Chicken to expand further. It currently has plans to grow up to 400 restaurants around the world by the end of 2025. Roark Capital owns a fast food portfolio which includes Subway, which has been struggling lately. It closed over 600 restaurants in 2024. It also has substantial investments across the fast food industry. "Our largest sector, food and restaurants, encompasses investments in brands such as: Inspire Brands (the owner of Arby's, Baskin Robbins, Buffalo Wild Wings, Dunkin', Jimmy John's, and Sonic), Subway, Nothing Bundt Cakes, CKE Restaurants (the owner of Carl's Jr and Hardee's), GoTo Foods (the owner of Auntie Anne's Pretzels, Carvel Ice Cream, Cinnabon, Jamba, McAlister's Deli, Moe's Southwest Grill, and Schlotzsky's), Miller's Ale House, Culver's, Jim 'N Nick's BBQ, and previously Corner Bakery, Il Fornaio, Naf Naf Middle Eastern Grill, The Cheesecake Factory (the owner of North Italia and Flower Child), and Wingstop," it writes on its website. The Arena Media Brands, LLC THESTREET is a registered trademark of TheStreet, Inc.

6 Key Signs You're Going To Be Very Wealthy
6 Key Signs You're Going To Be Very Wealthy

Yahoo

timea day ago

  • Yahoo

6 Key Signs You're Going To Be Very Wealthy

Maybe you make good money now. Maybe not. The great thing about living in the United States is that anything can happen to anyone. There are a few key signs that, if you keep up with these habits, you'll be very wealthy in the future. And it might even be in the near future. Read Next: For You: For the sake of clarity, it's important to note that, to be considered wealthy, you'd have a net worth of $2.5 million or more, according to Investor's Business Daily. To be in the top 1% of wealthy individuals in the United States, you'd need to have at least $11.6 million, according to Forbes. Below is how you can measure your chances of becoming wealthy. One sign of growing wealth is your ability to bring in multiple incomes. If you're already making decent money and you pick up a side hustle or a second job, you can invest part or all of that second income and really capitalize on it. It doesn't have to be anything that brings in huge amounts either. It could be anything from working as a virtual assistant to substitute teaching. And, of course, investment income streams from things like dividend yields or rental income. Not relying on one single income stream can mean a huge difference in wealth down the line. Discover Next: A side effect of having multiple income streams is that you can live below your means because you can have one income fund your lifestyle and allocate all other sources to investments. Again, the energy around money is interesting. Typically, the more you focus on making money work for you, the more money you'll make. You start making coffee at home or even invest in your espresso machine rather than hitting Starbucks every day and you could save literally thousands per year. You'll choose a smaller apartment that requires less maintenance instead of a large house and you could save tens or hundreds of thousands. It quickly becomes a way of life and the more money you don't spend, the more you can invest and grow. And that's how your wealth really grows. Now, before you can invest heavily, you'll have to divest heavily. That is, you'll have to divest from your creditors. Truly wealthy individuals don't have a bunch of what Experian referred to as 'bad debt.' You should only have debt that essentially works as an investment for you, like a home or piece of property that appreciates. All other debts should be paid off at the end of the month. For example, if you have a credit card that earns you air miles or cash back, you can make purchases on the card and then pay your balance in full before any interest kicks in. You cannot become truly wealthy if you owe a bunch of debt to a bank. If you're not out of debt, get there fast with Dave Ramsey's Baby Steps. Being debt-free is a solid sign you'll be truly wealthy. Invest. Don't save. Far too many people spend years putting money in low-interest savings accounts, watching it stay stagnant, sometimes not even beating inflation. Then, they retire and realize they don't have as much as they thought they would. Why did they never get rich? They had good jobs. They were smart with their money, never overspending or taking on debt. But they didn't invest. They saved. Savings accounts are a little better stashing cash under your mattresses or lockboxes in your house. But, not by that much. The average savings account will not make you rich, typically providing less than 1% APY, which means you'll lose money to inflation, which is between 2% to 7% in recent years, according to the U.S. Bureau of Labor Statistics. But investing your money over time can earn you 12% annually (according to Ramsey Solutions), which is a HUGE difference. In mutual funds, at 12%, over 40 years, if you put just $500 per month, that would make your investments alone worth $4,602,548.52. That's how the rich get rich. One definite sign of someone who will never be wealthy is a hyperfocus on the short term. If you're living paycheck to paycheck, stressing about paying rent and spending your extra cash on flashy items and vacations, you're not likely to be wealthy until you shift your focus. According to Forbes, wealthy individuals think about how their money can work for them over time. They look at the immediate and consider every purchase before making it, asking, 'Does this serve my long-term goals?' So, if you're not in a position to consider long-term goals, that's your work right now. Get that side hustle, ask for a raise, switch jobs and do what you have to do to start investing some money and watching it grow. Finally, one of the biggest investments you can make is an investment in yourself. You should always be learning. Sometimes, you'll find free resources online that teach you about wealth, health and habits that will make your life better. In other cases, you may need to pay for a college education or extra courses to improve your position and pay at work. But learning is never wasted time or money and the vast majority of truly wealthy people are lifelong learners. More From GOBankingRates Mark Cuban Warns of 'Red Rural Recession' -- 4 States That Could Get Hit Hard 3 Reasons Retired Boomers Shouldn't Give Their Kids a Living Inheritance (And 2 Reasons They Should) 8 Common Mistakes Retirees Make With Their Social Security Checks This article originally appeared on 6 Key Signs You're Going To Be Very Wealthy Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store