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
Food truck franchising in Europe
/2025-02-11
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.
The franchise model is specifically designed to deliver profitability from the very first day of operation - says Filip Calta, Operations Director ReFresh Bistro
Enter the world of Turkish coffee with Gönül Kahvesi. Learn about investment details, support, and why this boutique concept stands out globally.
most read
Chick-fil-A sets sights on Europe
/2023-03-15
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.
The idea of tapping into new global markets is financially appealing to any ambitious business owner.
Thinking of franchising in the European Union? Find out exactly who regulates franchising in the world’s biggest single market.
Before signing a franchise deal this fall, learn about the hidden costs beyond the initial fee—renovations, equipment, and royalty fees.