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Starbucks will discontinue Oleato olive oil drinks at U.S. cafes in early November - TL;DR CNBC

Starbucks will discontinue Oleato olive oil drinks at U.S. cafes in early November

Publishing timestamp: 2024-10-30 15:08:56


Summary

Starbucks will be removing its Oleato olive oil-infused drinks from U.S. menus in early November as part of a strategy to simplify the chain's complex menu. The decision predates the arrival of new CEO Brian Niccol, who aims to streamline menus as part of a broader turnaround plan. Despite the controversial drinks leaving U.S. stores, they will still be available in cafes in China, Italy, and Japan.


Sentiment: MIXED

Tickers: SBUX, 

Keywords: lifestyle,  starbucks corp,  breaking news: business,  howard schultz,  business,  business news,  restaurants,  retail industry,  brian niccol, 

Source: https://www.cnbc.com/2024/10/30/starbucks-oleato-olive-oil-drinks-leaving-us-cafes.html


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