Coffee to go: Starbucks quits Russia over Ukraine war
Decision comes a week after McDonald’s announced Russian market exit
Your support helps us to tell the story
This election is still a dead heat, according to most polls. In a fight with such wafer-thin margins, we need reporters on the ground talking to the people Trump and Harris are courting. Your support allows us to keep sending journalists to the story.
The Independent is trusted by 27 million Americans from across the entire political spectrum every month. Unlike many other quality news outlets, we choose not to lock you out of our reporting and analysis with paywalls. But quality journalism must still be paid for.
Help us keep bring these critical stories to light. Your support makes all the difference.
Starbucks has become the latest western business to pull out of Russia over its war in Ukraine.
The American company announced on Monday that it was permanently shutting all of its 130 stores and ending its brand presence in the country, more than two months after it first suspended its business activities there.
The departure of Starbucks from Russia follows the exit of firms including McDonald’s and British American Tobacco (BAT).
In a memo sent to employees on Monday, the coffee company said it would help its 2,000 Russian staff to transition to new jobs by paying them for the next six months.
Earlier this year, Starbucks promised to donate profits from its Russian operations to charity.
However, it soon stopped delivering products to Russia and temporarily closed its shops.
“We condemn the unprovoked, unjust and horrific attacks on Ukraine by Russia, and our hearts go out to all those affected,” the then Starbucks boss Kevin Johnson said in March.
“The invasion and humanitarian impact of this war are devastating and create a ripple effect that is felt throughout the world,” he added.
Mr Johnson also said the company would monitor the war in Ukraine and would make decisions “that are true to our mission and values and communicate with transparency”.
Starbucks’ move comes 15 years after it first opened its business in Russia.
McDonald’s said last week that it was leaving the Russian market after a 30-year presence there, with CEO Chris Kempczinski saying the decision had been taken because it was “impossible to ignore the humanitarian crisis caused by the war in Ukraine”.
Subscribe to Independent Premium to bookmark this article
Want to bookmark your favourite articles and stories to read or reference later? Start your Independent Premium subscription today.
Join our commenting forum
Join thought-provoking conversations, follow other Independent readers and see their replies
Comments