Tag: Exits

  • Starbucks Exits Russia, Shuts Down 130 Coffee Shops

    Starbucks Exits Russia, Shuts Down 130 Coffee Shops

    A Starbucks coffee shop in St. Petersburg, RussiaImage: Sorbis/Shutterstock.com (Shutterstock) After 15 years of selling coffee and baked goods in Russia, Starbucks has announced that it has suspended all business activity in Russia. Following the steps of McDonalds, which announced last week that they would begin “de-arching,” or removing all its brand elements from Russia. […]