Sanctions

Coffeehouses Starbucks withdraws from Russia

by TASS

American multinational chain of coffeehouses Starbucks has decided to leave the Russian market.

“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,” the press release says.

On March 8, the company announced that it had suspended all business activity, including the supply of products, on the territory of Russia due to the events around Ukraine.

The first Starbucks coffeehouse opened in Moscow in 2007.

Read the full story on TASS

Source
TASS
Show More

Related Articles

Leave a Reply

Your email address will not be published.

Back to top button