Starbucks announces closure of all outlets in Russia

Tue, 28 Jun 2022

Starbucks announces closure of all outlets in Russia

Robert Besser
27 May 2022, 21:51 GMT+10

Seattle-based Starbucks said this week that it will exit the Russian market after nearly 15 years, in protest of the ongoing Russian invasion of Ukraine
Operated by its licensee Alshaya Group, Starbucks' 130 stores in Russia have nearly 2,000 employees
Last week, McDonald's said it was selling its restaurants in Russia to its local licensee, Alexander Govor, to be rebranded under a new name, but will retain its trademarks

SEATTLE, Washington: Following the decision of McDonald's, Seattle-based Starbucks said this week that it will exit the Russian market after nearly 15 years, in protest of the ongoing Russian invasion of Ukraine.

Operated by its licensee Alshaya Group, Starbucks' 130 stores in Russia have nearly 2,000 employees.

Last week, McDonald's said it was selling its restaurants in Russia to its local licensee, Alexander Govor, to be rebranded under a new name, but will retain its trademarks.

Other Western companies, including Imperial Brands and Shell, are cutting ties with the Russia market by agreeing to sell their assets within the country or handing them over to local managers.

Following Moscow's invasion of Ukraine, in March, Starbucks closed its Russian stores and suspended all business activities in the country, including shipments of its products.

Opening its first outlet in Russia in 2007, Starbucks said it will continue to support its local employees, including paying their salaries for six months.

Watch latest videos

News RELEASES

Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Rio De Janeiro Sun.

More Information

16 ℃

Fair in Rio De Janeiro

South America

Section

Report: Alan Franco leaving Charlotte FC for Talleres

Charlotte FC midfielder Alan Franco reportedly is leaving MLS to join the Argentina side CA Talleres. Talleres announced the move ...

Google to donate Pixel phones to Ukraine, Afghanistan refugees

Washington [US], June 25 (ANI): Google CEO Sundar Pichai has made a big announcement to donate 30,000 Pixel phones to ...

INTERVIEW: Pollution, Cartagena, and the Caribbean

Since the 1980s, a UN Environment Programme (UNEP) convention to deal with pollution issues affecting the wider Caribbean region. Since ...

Ecuador Opposition Lawmakers Push to Remove President After Protests

QUITO, Ecuador - A group of opposition lawmakers in Ecuador is pushing for the removal of conservative President Guillermo Lasso ...

Brazilian Tribe Bids Farewell to Indigenous Expert Killed in Amazon

RECIFE, BRAZIL - Bruno Pereira, the Brazilian Indigenous expert killed in the Amazon with British journalist Dom Phillips, was given ...

Cloud9 headline foursome to reach playoff bracket at Roobet Cup

Cloud9 reeled off a second straight dominant performance Friday to headline the first four teams to clinch spots in the ...

International

Section

UK's Telegraph news block in Russia due to war coverage

MOSCOW, Russia: The UK newspaper, the Telegraph, has been blocked in Russia, following a request from the Russian prosecutor-general.The TASS ...

Airbus captain tries to land at Lahore runway closed two years ago

LAHORE, Pakistan - An Airbus 320 carrying 171 passengers narrowly avoided an accident at Allama Iqbal International Airport, Pakistan's second-largest ...

Biden vows to combat effects of Supreme Court decision on Roe v. Wade

WASHINGTON, DC - U.S. President Joe Biden on Friday vowed to "do all in my power" to protect a woman's ...

Myanmar junta minister discusses nuclear cooperation with Russia

YANGON, Myanmar - According to military-run media, a junta delegation discussed nuclear technology collaboration with a Russian state-owned atomic energy ...

U.S. to provide Tk2.3 crore as emergency funding for northern Bangladesh

DHAKA, Bangladesh - The United States Agency for International Development (USAID) is providing more than Tk2.3 crore in emergency funding ...

661 pound freshwater fish caught in Cambodia river

PHNOM PENH, Cambodia: Cambodian villagers on the Mekong River have caught a stingray fish weighing 661 pounds, which is the ...

Movie Review

War for the Planet of the Apes