Starbucks closes all outlets in Russia

In response to the geopolitical tensions following the Russian invasion of Ukraine, Starbucks made the decision to close all its outlets in Russia. This move was part of a broader trend among Western companies reassessing their operations in the country due to the ongoing conflict and its implications for international business. Starbucks had established a presence in Russia with 130 stores, which were popular among consumers. The closure was announced publicly, reflecting the company's stance on the situation and its commitment to corporate responsibility. Following the announcement, a local restaurant manager, Anton Pinsky, expressed interest in acquiring Starbucks' Russian operating company, OOO Starbucks, indicating a potential shift in the brand's local management and operations. This acquisition could allow for the continuation of the brand in Russia under new ownership, albeit without the direct involvement of the global Starbucks corporation. The closure of Starbucks in Russia is emblematic of the larger economic repercussions faced by many international businesses in the wake of the conflict, highlighting the complexities of operating in a politically charged environment.