Starbucks leaving Russian market, shutting 130 stores

Starbucks leaving Russian market, shutting 130 stores

IndiaTimes

Published

Starbucks is pulling out of the Russian market. In a memo to employees Monday, the Seattle coffee giant said it decided to close its 130 stores and no longer have a brand presence in Russia. Starbucks said it will continue to pay its nearly 2,000 Russian employees for six months and help them transition to new jobs.

Full Article