Starbucks is discontinuing its Oleato olive-oil infused beverages at most locations, part of an effort to streamline the chain’s menu. The Seattle-based company confirmed the change Wednesday ahead of the release of its fiscal fourth quarter earnings. Later Wednesday, Starbucks' new Chairman and CEO Brian Niccol was scheduled to hold his first conference call with investors since he joined the company last month.
Starbucks discontinues olive oil drinks in a push to simplify its menu