Is Stars coffee the same as Starbucks?
Russian company takes over Starbucks locations in Moscow. Russian singer and entrepreneur Timur Yunusov, known as Timati, pictured, and a partner bought the Starbucks assets in Russia and reopened as Stars Coffee, with a familiar logo. Exit and no longer have a brand presence in Russia. Starbucks set to sell Russian business to restaurateur Anton Pinskiy. The American company Starbucks suspended the work of all establishments in Russia in March 2022, and in May 2022 announced its decision to leave the market.That’s why McDonald’s has made the decision to completely exit the Russian market. For the first time in our history, we are “de-Arching” a major market and selling our portfolio of McDonald’s restaurants. They will no longer carry the McDonald’s name or serve our menu. The Golden Arches will shine no more in Russia.
Why is Coca-Cola banned in Russia?
After Vladimir Putin’s troops surged over the Ukrainian border in February 2022, the Coca-Cola Co. Russia in protest. McDonald’s made the decision to exit Russia in March 2022 due to significant pressure exerted on the company following President Vladimir Putin’s full-scale invasion of Ukraine.On 16 May 2022, after temporarily closing its restaurants, the company decided to exit Russia altogether.
What replaced Starbucks in Russia?
In Russia, Starbucks @starbucks outlets were replaced by a new domestic chain called Stars Coffee, owned by restaurateur Anton Pinskiy. This happened after Starbucks made decision to exit the Russian market in 2022. Beginning June 24, the coffee chain is eliminating the 25-star bonus for customers that bring in a personal, reusable cup for drink orders. Moving forward, they will instead earn double stars on their entire order, a Starbucks spokesperson confirmed, which might result in fewer stars.Plus, Starbucks confirmed that it’s keeping the $0. Niccol has made many changes at the struggling company, which reported weaker-than-expected earnings report last month.