Starbucks will exit Russia after 15 years, closing 130 licensed cafes - CNBC


5/23/2022 12:00:00 AM2 years 11 months ago
by Amelia Lucas

The coffee chain has 130 locations in the country, which account for less than 1% of its annual revenue.

After 15 years operating in Russia, Starbucks will exit the market, joining companies like McDonald's, Exxon Mobil and British American Tobaccoin withdrawing from the country completely. The coffee … [+1633 chars]

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