McDonald's, an icon of post-Soviet Russia, has said it will temporarily close all of its restaurants in the country. The fast-food chain said it would pay salaries to its 62,000 employees in Russia. In an open letter to employees, McDonald's president and CEO Chris Kempckinski said that McDonald's values mean we cannot ignore the needless human suffering unfolding in Ukraine. Because of its large size and global reach, the chain is copied by other companies if it takes a stance on an issue or makes a major operational change. The Big Mac became available in Russia in 1990 when McDonald's opened in the final months of the Soviet Union. Over 30,000 people lined up for a first taste of U.S. fast food, representing the thaw of Cold War tensions and an increasing appetite among young people for a slice of Americana. Steve Rosenberg, the Moscow correspondent for the British Broadcasting Corporation, commented on the significance of the decision. When McDonald's opened its first restaurant in Moscow, iron curtains were crumbling and Russia was embracing the West, he wrote. McDonald's is temporarily closing its restaurants in Russia. Hugely symbolic. In 1990 I was in the queue when McDonald's opened its 1st restaurant in Moscow: when iron curtains were crumbling & Russia was embracing the West. Today McDonald's announced it is temporarily closing its 850 restaurants in Russia. Hugely symbolic. — Steve Rosenberg (@BBCSteveR) March 8, 2022 McDonalds shutters in Russia...Oh, the deliciousness of the milkshake, my first taste of America at the Moscow McDonald's in the early 1990s. While mom waited at the US embassy to submit our refugee papers, grandma & I stood in the snaking McD line https://t.co/WqzrU2wR23 — Yuliya Chernova (@ychernova) March 8, 2022HuffPost
March 8, 2022.
The McDonald's peace theory was first expounded by New York Times columnist Thomas Friedman.
Pressure has been mounting on McDonald's and other Western companies to leave Russia.
Coca-Cola, Pepsi and other brands said they would stop operations in the country after McDonald's announcement.
Coca-Cola said it will suspend its business in Russia and that it will stop advertising in the country.
Starbucks said Tuesday it is suspending all business activity in Russia, including shipment of its products and cafes run by licensees.
Shell stopped buying oil from Russia and said it would cut ties to the country completely, while the United States stepped up its campaign to punish Moscow by banning Russian oil and energy imports.
Britain said it would phase out imports of Russian oil during the next four years to give businesses time to find alternative sources of supply.
The consumer goods conglomerate is shutting down. It said on Tuesday that it has stopped all imports and exports of its products into and out of Russia.
The article was originally on HuffPost.
Some of the world's biggest fast food chains with stores in Russia appear to still be operating, with no immediate mention of a halt to business on company websites.
McDonald's Corp said on Tuesday it would temporarily close all of its restaurants in Russia, including its famous Pushkin Square location, increasing pressure on other global brands to pause operations in the country. In Russia, the opening of the first McDonald's in Moscow in 1990 became a symbol of American capitalism as the Soviet Union fell. McDonald's pays salaries to 62,000 employees in Russia.
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The chain is closing 850 restaurants in protest.
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There is no doubt that the war in Ukraine is an atrocity. People across the world have banded together to boycott Russian-made goods, trying to cut off any cash flow to the country. They want to cut down on any funding that goes towards the military effort against Ukraine. Some of those efforts are hurting brands that aren't actually Russian.
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The fast-food chain will continue to pay its employees even though some of its locations are closing.
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Russia and Ukraine have agreed on a day-long ceasefire around a series of corridors to allow civilians to escape the fighting, according to the deputy prime minister. The truce will be respected from 9:00 am to 9:00 pm.
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Three Israeli officials told Axios that military coordination between Israel and Russia in Syria hasn't been disrupted since Israel condemned Russia's invasion of Ukraine. Israeli officials have told the U.S. and other allies that they need to take a careful approach to the Ukraine crisis.
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Grant Shapps, the UK transport secretary, said he had to take the jet away because of the new laws.
Target was able to thrive during the Pandemic because of a big reason. Target was aware of the need to step up its shipping and delivery game and expanded its curbside pickup service in 2020.
Another internet player is changing its relationship with Russia because of the invasion of Ukraine.
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