Starbucks Is Exiting Russia, Following Mcdonald's Lead

Getty Starbucks is closing Russian locations after suspending business in March. The chain's 130 Russian stores make up less than 1% of global revenue. Starbucks is following McDonald's lead in exiting the country. Starbucks is pulling out of Russia and closing its 130 stores in the country, the chain announced on Monday. It opened its first Russian location in 2007."Starbucks has made the decision to exit and no longer have a brand presence in the market," the company told Insider in a statement.

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