INSUBCONTINENT EXCLUSIVE:
Starbucks is leaving the Russian market and closing all of its 130 locations there, the company announced Monday.The United States coffee
giant, which has had a presence in Russia since 2007, had initially suspended its operations in the country in early March as foreign brands
24 invasion of Ukraine."Starbucks has made the decision to exit and no longer have a brand presence in the market," the company's
statement says.However, it promised to pay its almost 2,000 Russian employees for the next six months and help them transition to new
selling its locations to a Russian franchisee to be operated under a different brand name.
