Zelenskyy to business leaders: Leave Russia, come to Ukraine
“As you can see in our stores, deliveries have stopped and goods are in short supply,” an WRI spokesman told Reuters. “In the current realities, we cannot continue to support the operation of single-brand Nike stores and we will be forced to close them.”
In March, the sportswear maker announced it would temporarily suspend operations at all of its Nike-owned and operated stores in Russia in response to the war and said those still open are operated by independent partners.
Previously, Starbucks announced that it would no longer have a brand presence in the market. The country’s employees, who number around 2,000, will be paid for an additional six months and Starbucks will also help them look for new jobs. As of March, Starbucks had 130 Russian locations, all owned and operated by a partner. The coffee juggernaut entered the country in 2007.
The move follows a similar move by McDonald’s. The fast-food giant has also promised to pull out of Russia, having already temporarily closed 850 outlets in March. The Chicago-based company claimed the decision was due to the “humanitarian crisis” and “unpredictable operating environment” amid the ongoing conflict.
McDonalds added that one of its main priorities now is to ensure that its 62,000 employees in Russia will continue to be paid and supported until any sales are completed. “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 or consistent with McDonald’s values,” he said. the company said in a statement. statement.