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Starbucks is leaving Russia
- Starbucks is leaving Russia after 15 years, the latest Western corporation to quit the country after the war in Ukraine. The coffee chain will now retreat entirely from the Russian market, after suspending trading there in March. It said it would continue to pay nearly 2,000 staff working at its shops in the country for six months.
www.bbc.com/news/business-61555306
Mar 4, 2022 · Starbucks has made the decision to exit and no longer have a brand presence in the market. We will continue to support the nearly 2,000 green apron partners in Russia, including pay for six months and assistance for partners to transition to new opportunities outside of Starbucks.
May 23, 2022 · Starbucks is leaving Russia after 15 years in business. The coffee chain had temporarily shut down its stores in March over Russia's invasion of Ukraine.
May 23, 2022 · May 23 (Reuters) - Starbucks Corp (SBUX.O) said on Monday it will exit the Russian market after nearly 15 years as the coffee chain joins McDonald's Corp (MCD.N) in marking the end of the...
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- Reuters
May 23, 2022 · After 15 years operating in Russia, Starbucks will exit the market, joining companies like McDonald’s, Exxon Mobil and British American Tobacco in withdrawing from the country completely. The ...
May 23, 2022 · Starbucks is leaving Russia for good. The coffee company paused its operations and stopped shipments of its products to Russia in March. Now, it “has made the decision to exit and no longer...
May 23, 2022 · Starbucks announced on Monday that it was officially exiting Russia, with 130 stores run by a licensee there closing. The company has also halted the shipment of any Starbucks products.
May 23, 2022 · Starbucks has become the latest consumer brand to pull out of Russia as the wider exodus of multinational companies from the country continues three months after its invasion of Ukraine.