Starbucks join Russian exodus

The coffee giant's operations have been on hold in Russia since March 8, following Russia’s offensive war against Ukraine.
The Seattle based company will close all 130 stores currently being run by a licensee and remove all brand presence, including shipment of all Starbucks products.
The decision follows recent announcements from McDonald’s and car manufacturer Renault, who have also made the decision to cease and remove all operations in the region.
The company said in a press release Monday, “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.”
Starbucks have operated in Russia for 15 years, who opened their first café in 2007.
read articles

Discover how La Pataterie, a French restaurant franchise specializing in potato-based dishes, offers a profitable and unique business model for entrepreneurs.
Pet-friendly cafés and clubs are rapidly growing in popularity, providing unique social experiences for both pets and their owners.
Food truck franchising in Europe is growing in popularity. Discover the leading brands, investment costs, and steps to start your own mobile food business.
Explore how Touch Coffee Smart Bar is transforming the coffee industry with self-service solutions.
Taco Bar is a Swedish restaurant chain specializing in Mexican cuisine, founded in 1983.
most read

Thinking of franchising in the European Union? Find out exactly who regulates franchising in the world’s biggest single market.
The Fornetti Group is working to become a leader in the franchise market of frozen bakery products not only in Hungary but also in Europe.
The fast-food restaurant chains $1 billion international expansion plan
The idea of tapping into new global markets is financially appealing to any ambitious business owner.
Snap-on Tools is the world’s number one professional tool brand.