Starbucks

McDonald's and Starbucks faced problems in Russia after their logos and corporate identity were hijacked, despite pausing business.

For the time being, brand owners should continue to protect their Russian trade marks and other IP assets in the usual way in the hope that normal trading conditions will resume sooner rather than later. A raft of counterfeit businesses could be established, representing a significant reputational threat to western brand owners in the future. Since Russia’s invasion of Ukraine, many prominent western brands have either ceased trading or pulled out of the country altogether in support of economic sanctions. It is not clear whether the Russian government would welcome such a go-it-alone strategy or view it as a step back to times when the country was less involved in global trade and IP theft was rife. If other Russian courts decide to follow the Kirov court’s example, it could set a concerning precedent. For brand owners with commercial interests in Russia, it is important not to read too much into this particular court ruling.

Starbucks on Monday said it is closing its restaurants in Russia for good, joining McDonald's in pulling out of the market completely over the Ukraine invasion. The Seattle-based coffee giant has about 130 locations. It suspended operations there in ...

Burger King operated 820 locations in Russia. Those restaurants represented about 2% of parent company Restaurant Brands International’s system sales and 1.7% of the company’s EBITDA, or earnings before interest, taxes, depreciation and amortization. The moves represent a rare pullback from a global market for major U.S. restaurant chains that have been pushing to add locations everywhere. Restaurant companies of all kinds have been leaving the country over the war.

Starbucks is pulling out of the Russian market. In a memo to employees Monday, the Seattle coffee giant said it decided to close its 130 stores and no ...

Starbucks entered the Russian market in 2007. A note to employees from McDonald's boss Chris Kempczinski cited "the humanitarian crisis caused by the war." The stores won't be allowed to use McDonald's name or menu.

According to CNBC, there were 130 Starbucks locations in Russia, and all of them were operated by a licensee. The first Russian Starbucks store opened in 2007, ...

The first Russian Starbucks store opened in 2007, at a shopping mall in Khimki. (And the first-ever Starbucks order placed in the country was for a single venti cappuccino.) The Alshaya Group, a Kuwaiti company that owns all 130 stores, told the BBC that the choice to exit Russia was "a Starbucks announcement." Last week, McDonald's stated that it would be selling its Russian restaurants to Alexander Govor, a licensee who operates 25 McDonald's locations in Siberia. CNBC reported that Govor had agreed to keep all of the company's existing employees for "at least two years." In March, Starbucks suspended all of its business activities in Russia in response to the country's invasion of neighboring Ukraine. "Through this dynamic situation, we will continue to make decisions that are true to our mission and values and communicate with transparency," then-CEO Kevin Johnson wrote.

Starbucks has become the latest Western hospitality chain to completely pull out of the Russian market in response to the war in Ukraine.

Meanwhile, Yum Brands, which owns Pizza Hut and KFC and has one of the largest footprints in Russia, has said it was also in the process of transferring its restaurants to a local operator, according to the Financial Times The coffee giant has 2,000 employees in Russia, and has said it will support them in transitioning 'to new opportunities outside of Starbucks'. It has also said it will continue to pay all staff in the country for six months. The group, which was one of a number of operators to pause business in Russia back in March following the county's invasion of Ukraine, said yesterday (23 May) that it had 'made the decision to exit and no longer have a brand presence' in the country - ending 15 years of trading there.

Starbucks is pulling out of the Russian market. In a memo to employees Monday, the Seattle coffee giant said it decided to close its 130 stores and no ...

Starbucks entered the Russian market in 2007. The stores won't be allowed to use McDonald's name or menu. McDonald's is selling its stores — which are almost all owned by the company — to an existing Russian franchisee.

Starbucks Corp SBUX.O said on Monday 23 May that it will exit the Russian market after nearly 15 years as the coffee chain joins McDonald's Corp MCD.

McDonald's had said that it would take a primarily non-cash charge of up to $1.4 billion. In March, Starbucks shuttered its stores and suspended all business activity in Russia, including the shipment of its products to the country, following Moscow's invasion of Ukraine. Starbucks Corp SBUX.O said on Monday 23 May that it will exit the Russian market after nearly 15 years as the coffee chain joins McDonald's Corp MCD.N in marking the end of the presence of some of the top western brands in the country.

Starbucks is officially exiting the Russian market. ADVERTISEMENT. In a brief press release on Monday, the Seattle coffee franchise provided its first ...

Starbucks added that it will pay its nearly 2,000 Russian employees for the next six months, while helping them transition to new jobs. In early March, Kevin Johnson, Starbucks’ president and CEO, condemned “the horrific attacks on Ukraine by Russia,” prompting the pause on all store operations in the country. “Starbucks has made the decision to exit and no longer have a brand presence in the market,” the company stated.

My go-to drink at Starbucks is a grande iced green tea lemonade, hold the extra sweetener. I've consumed hundreds of them since I discovered it about seven ...

This green tea is slightly sludgy looking, and there’s some sediment at the bottom of the can, so be sure to shake it before serving. But the price is certainly right: it comes out to about $1 per drink. It’s a great option on a hot day, and the caffeine level is modest—25mg, compared to 150mg in a grande iced latte—so even if I have one in the afternoon, I can still sleep at night. And as the summer heat bears down, you can save and get refreshed, too. By pouring them into a larger tumbler and adding ice, you’ve bumped it up to Starbucks’ grande size. My go-to drink at Starbucks is a grande iced green tea lemonade, hold the extra sweetener.

In March, in the wake of Russian President Vladimir Putin's invasion of Ukraine, the Seattle-based company paused its operations and stopped shipments of its ...

And our commitment to our values means that we can no longer keep the Arches shining there.” “The humanitarian crisis caused by the war in Ukraine, and the precipitating unpredictable operating environment, have led McDonald’s to conclude that continued ownership of the business in Russia is no longer tenable, nor is it consistent with McDonald’s values,” the company said in a statement. However, we have a commitment to our global community and must remain steadfast in our values.

The brand name Starbucks has become synonymous with that perfect cup of coffee. How did the company's founders choose this curious name and why?

But who knows, maybe if your barista gets it just right, your next cup of Starbucks coffee may be as exciting as the novel that inspired the company's name. Pequod, the name of the ship in the Herman Melville classic "Moby Dick," was seriously considered for its ties to the sea and as an homage to a book that romanticized hell and high water. According to the company's co-founder Gordon Bowker in an interview with The Seattle Times, the original name was going to be Cargo House, but Bowker says that now he and his counterparts are glad that the initial name was scrapped.

The coffee giant joins McDonald's in pulling up stakes in the country over the war in Ukraine.

Burger King operated 820 locations in Russia. Those restaurants represented about 2% of parent company Restaurant Brands International’s system sales and 1.7% of the company’s EBITDA, or earnings before interest, taxes, depreciation and amortization. The moves represent a rare pullback from a global market for major U.S. restaurant chains that have been pushing to add locations everywhere. Restaurant companies of all kinds have been leaving the country over the war.

On May 23 Starbucks joined McDonald's in announcing a permanent withdrawal from Russia, having previously suspended trading in March.

During the following 32 years of its presence in Russia, McDonald’s expanded to 847 restaurants employing 62,000 people. After assuming the role of Soviet leader in 1985, Mikhail Gorbachev began an unprecedented process of transformation in the country, involving democratizing the political system, lifting restrictions on freedom of expression, and partly decentralizing the economy. According to the Washington Post, the company invested $35 million in a meat-processing, dairy, and bakery plant outside Moscow whose sinister façade earned it the name “McGulag” among visitors. Hundreds of people queued to make their first ever order at the burger chain, where a Big Mac—or Bolshoi Mak locally—cost 3.85 rubles, the equivalent of two and half hours work for an average earner in the country. On May 16, the company announced that the temporary closure of its restaurants in Russia would be made permanent. The closures affected McDonald’s net income, which fell 28% in the first three months of the year.

But because O'Hare is so large, it's not the easiest airport to get a Starbucks fix.

O'Hare ranked No. 7 on the "Starbucks Score" because of its sheer size compared with other airports. But having the most Starbucks doesn't necessarily mean it's easy to get the coffee fix. O'Hare's No. 1 in the country, followed by Harry Reid International Airport in Las Vegas with 12 and Daniel K. Inouye International Airport in Honolulu with 10.

Starbucks Corp said on Tuesday it would sell its Evolution Fresh juice brand to California-based Bolthouse Farms for an undisclosed amount, as the global ...

Fresh-food maker Bolthouse Farms Inc. said it agreed to acquire Starbucks's Evolution Fresh line of juices, which currently are sold in Starbucks cafes and.

Starbucks said the financial impacts of the deal weren’t expected to be material. For Starbucks SBUX, -0.95%, the deal comes as Schultz directs more investment toward the coffee giant’s cafes and baristas. Terms of the deal, which Bolthouse said is expected to close later this year, weren’t disclosed.