Starbucks is pulling out of the Russian market.
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Starbucks Will Exit Russia After 15 Years, Closing 130 Licensed CafesThe coffee chain has 130 locations in the country, which account for less than 1% of its annual revenue.
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Starbucks to end business in RussiaStarbucks Corp. is closing down its business in Russia, as the invasion of Ukraine puts an end to its 15-year presence in the market.
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Starbucks pulls out of Russia, shutting down more than 100 storesStarbucks said on Monday that it is pulling out of the Russian market over Vladimir Putin's invasion of Ukraine.
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Starbucks exits Russia over Ukraine war, closes 130 storesStarbucks said Monday it will permanently close up shop in Russia, joining hundreds of other western companies who have exited the country in response to the Kremlin’s invasion of Ukraine.
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Starbucks in Russia closing for good amid Ukraine warAs the Russia-Ukraine war continues, Starbucks has decided to leave Russia permanently. Employees in the country, which number about 2,000, will get paid for six more months. Starbucks will also help them look for new jobs outside of the company. ☕
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Starbucks will exit Russia after 15 years, shutting 130 storesStarbucks said it will pay its nearly 2,000 Russian workers for six months.
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