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Major food and drink titans have paused operations in Russia in response to the country’s invasion of Ukraine.

Fashion chain takes action after previously saying its shops would stay open because clothes ‘are a necessity of life’ Ukraine-Russia war – latest updates The Japanese retailer Uniqlo is the latest international brand to suspend operations in Russia in a U-turn after pressure to take action over the war in Ukraine. Earlier this week Fast Retailing, the clothing chain’s owner, said it intended to keep its Russian shops open because clothing was a “necessity of life”, even as a string of brands from McDonald’s and Starbucks to Burberry and Asos suspended operations in the country. Continue reading…

The Japanese retailer joins a growing list of global chains such as McDonald''s, Starbucks, KFC, Zara, and H&M to close stores in Russia.

Nestlé the world''s largest packaged food group, said on Wednesday it had suspended all capital investment in Russia following its invasion of Ukraine. The Switzerland-based company''s decision follows similar moves by other food majors, which are under pressure from consumers to take a stand against the conflict. Other Consumer Goods Companies React Procter & Gamble and Unilever noted this week they were ending new capital investment in Russia and no longer advertising in the country. Unilever has suspended all imports and exports of products into and out of the country. PepsiCo Inc, Coca-Cola Co and Starbucks Corp also stopped sales of their best-known products in Russia. Nestlé, which previously highlighted it had stopped all advertising in Russia, told Reuters it would continue supplying essential food products in Russia, taking a similar line to other food majors. Companies Withdraw McDonald’s noted that it would go on paying salaries to its 62,000…

The big American companies are the latest to suspend their operations in the wake of Russia''s invasion of Ukraine.

After years of cultivating the Russian market, McDonald''s, Starbucks, PepsiCo and Coca-Cola said they would temporarily close locations or stop selling products there.

Peet''s Coffee just launched a vegan spring menu full of ingredients by Beyond Meat, JUST Egg and Violife.

Employees at three more Starbucks stores in suburban Buffalo have voted to form unions, a count of ballots revealed Wednesday, bringing to six the number of unionized Starbucks shops and further advancing organizing efforts underway in at least two dozen states.

Three more Starbucks locations in the Buffalo, New York, area have voted in support of unionizing, dealing yet another blow to the coffee giant.

NEW YORK — McDonald’s Corp said on Wednesday that the temporary closure of its 847 stores in Russia will cost the fast-food chain about $50 million a month. A cascade of major American brands, including Starbucks Corp, PepsiCo Inc and Coca-Cola Co, followed McDonald’s on Tuesday in saying they would cease some or all business […]

McDonald’s and Starbucks are shutting down their restaurants and cafés in Russia, and Coca-Cola is suspending its operations there in response to Russia’s invasion of Ukraine. What do you think? Read more…

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The ballots were counted amid a growing nationwide campaign among the chain’s employees.

Amid the ongoing Russian invasion of Ukraine, hundreds of U.S. companies have suspended operations in Russia. Indeed, as of Wednesday, over 300 companies have either partially or fully withdrawn from Russia, including McDonald’s, Coca-Cola, PepsiCo Inc., Starbucks and Disney. Of the firms halting operations, McDonald’s has one of the largest footprints, with around 850 stores […]

More companies continue to pull out of Russia. Here''s how to trade these three now.