Market Chatter: Starbucks to Cut 13 Beverages From Menu

MT Newswires Live
25 Feb

Starbucks (SBUX) will remove 13 beverages from its offerings as part of a move to simplify its menu, Today.com reported Monday, citing a statement from the company.

The drinks leaving its menu aren't commonly purchased, are complex to make, or are similar to other beverages already on its menu, the company said, according to the report.

More menu items are set to be removed in the coming months, as the company plans to reduce its food and beverage offerings by roughly 30%, the company said in its Q1 earnings call.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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