Get All Access for $5/mo

Starbucks Is Ditching Olive Oil Coffee From Its 'Overly Complex' Menu The move is part of an effort to turn around lagging sales.

By Erin Davis

Key Takeaways

  • Starbucks's new CEO Brian Niccol is making big changes to the menu.
  • To start, the company will remove its lineup of olive oil-infused drinks in early November.

The viral olive oil-infused drinks that Starbucks introduced last year are on their way out as the company's new CEO begins to revamp the coffee giant to turn around lagging sales.

The "Oleato" drinks will be removed from the menu in the U.S. and Canada early in November, Bloomberg News reported.

Bloomberg reported that Niccol, who can reportedly earn more than $100 million in his first year as CEO, wants to bring Starbucks back to its coffee roots and simply the "overly complex menu."

There are currently two options: a latte infused with extra virgin olive oil and a toffee nut iced shaken espresso with "golden foam," which is made with vanilla sweet cream infused with the extra virgin olive oil into a cold foam.

Related: The Side Hustle She Worked on in a Local Starbucks 'Went From Nothing to $1 Million.' Now It Will Make Over $30 Million This Year.

"While this decision was made prior to Brian Niccol taking the role of CEO, the decision to remove the beverages aligns with his strategy to simplify our menu," a Starbucks spokesperson told the BBC.

In other changes, the company clarified this week that its corporate hybrid work policy (three days a week in the office) will be enforced beginning in January.

"I believe that our problems are very fixable," Niccol said in a video posted to the Starbucks website on Oct. 22.

Related: Starbucks Tells Corporate Staff to Work in the Office 3 Days a Week or It's 'Separation' Time

Erin Davis

Entrepreneur Staff

Freelance Writer

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Growing a Business

This Cozy Coffee and Garden Shop Has Become a Staple in Its Community By Following 5 Smart Strategies

Maypop is a combination coffee and garden shop where a blend of community building and customer service creates an unforgettable experience.

Business News

OpenAI Just Released Its Text-to-Video Generator, Sora. Here's How the New AI Could Impact Small Businesses and Creators.

Sora has a variety of use cases for businesses, from social media campaigns to video creation.

Franchise

McDonald's Announces the Return of the Snack Wrap in 2025 — Here's What to Expect From Its Comeback

The decision comes after years of persistent customer demand for the portable snack, which debuted nearly two decades ago.

Business News

Who Is Luigi Mangione? UnitedHealthcare CEO Brian Thompson Murder Suspect Arrested in Pennsylvania on Firearms Charge

Mangione, 26, has not been charged in connection with the killing of Thompson.

Innovation

These Entrepreneurs Created a League That Turns Gamers Into Pro Race Car Drivers: 'We're Giving Drivers a Sustainable Career Path'

Racing Prodigy's innovative E2Real sports league is lowering the high-cost barrier to entry for drivers to take their passion to the track.

Business Ideas

63 Small Business Ideas to Start in 2024

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2024.