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
Virtual Restaurant Partner
/2025-04-28
Taster offers kitchen operators access to scalable delivery-only restaurant brands, without the need for a new venue or high franchise entry costs.
Carl’s Jr. expands its presence in Europe, providing franchise opportunities for investors interested in the quick-service restaurant industry.
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.
most read
Saudi Retail Trade: Horizon and Anticipation
/2023-06-13
Saudi retail expected to grow up to 176.5 billion USD by 2026.
The fast-food restaurant chains $1 billion international expansion plan
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.
With more than 50 years in the business, Intermarché is a truly European retail superpower.
Before signing a franchise deal this fall, learn about the hidden costs beyond the initial fee—renovations, equipment, and royalty fees.