Yet another bizarre change from Microsoft!
The menu option on items has just changed in Office 365. Instead of making it easier, they have made it harder! Why not just have one level off an item like is was in SharePoint 2010?? Now you need 4 clicks to do something that took 2 clicks in 2010! Ugh!
How it used to be in SharePoint 2010 :
Then it turned to this in SharePoint 2013 :