Starbucks to Exit Russia Completely After 15 Years in Russian Market

Starbucks to Exit Russia Completely After 15 Years in Russian Market
A view of a closed Starbucks coffee shop in Moscow, Russia on March 10, 2022. AFP via Getty Images
Tom Ozimek
Tom Ozimek
Reporter
|Updated:
0:00

Starbucks has announced it will completely exit Russia after earlier suspending its business activity in the country over the Ukraine invasion.

After 15 years on the Russian market, Starbucks will permanently shutter its 130 stores in Russia and no longer have a brand presence in the country, according to a May 23 memo to employees.

Tom Ozimek
Tom Ozimek
Reporter
Tom Ozimek is a senior reporter for The Epoch Times. He has a broad background in journalism, deposit insurance, marketing and communications, and adult education.
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