CHICAGO -- McDonald's became the symbol of glasnost in action 30 years ago when it opened its first restaurant in Moscow. But after temporarily shutting down more than 800 restaurants following the invasion of Ukraine, McDonald's has decided to leave Russia altogether.
In March, shortly after the war began, McDonald's followed other Western companies and temporarily shut down its restaurants in Russia. Once the sale is finalized, the Russian restaurants will be"de-Arched," meaning the locations will no longer be allowed to use the McDonald's name, logo or menu. McDonald's said its employees will still be paid until the transaction closes and that"employees have future employment with any potential buyer."
"However, we have a commitment to our global community and must remain steadfast in our values. And our commitment to our values means that we can no longer keep the Arches shining there," he said.The decision brings to a remarkable end McDonald's three-decade relationship with Russia. McDonald's opened the doors of its first restaurant in Moscow on Jan. 31, 1990.
6 months from now the obesity rate in Russia will be down. Now we need to get McDonald's out of poor neighborhoods. Toxic food.
McDonald's and Starbucks should leave China too.
Newsworthy in Chicago because...?
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
McDonald's Russia: Fast food chain leaving country altogether amid Ukraine warThe burger chain will sell its Russia business, saying 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.' Good. Healthier Russians Menos comida chatarra 🤣🤡
Source: ABC7 - 🏆 67. / 68 Read more »
McDonald's Russia: Fast food chain leaving country altogether amid Ukraine warThe burger chain will sell its Russia business, saying 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.' A great way to get rid of unhealthy foods. Hopefully the US is next!
Source: abc13houston - 🏆 255. / 63 Read more »
McDonald's Russia: Fast food chain leaving country altogether amid Ukraine warThe burger chain will sell its Russia business, saying 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.' I still remember when McDonalds first opened in Moscow. They had to build the entire supply chain to ensure quality. We beat tyranny once before, lets hope we can do it again. PutinIsaWarCriminal
Source: abc7newsbayarea - 🏆 529. / 51 Read more »
Finland, Sweden want in to NATO amid Russia-Ukraine warFinland declared that it wants to join NATO and a “new era,” while Secretary-General Jens Stoltenberg expressed hope that Ukraine could win the war as Russian military advances appear to be faltering. We are going to stop dumping money that Mr Zelenskyy seems to be enjoying into Ukraine and Starr worrying about the other side of the map like that Motherland Fatherland
Source: chicagotribune - 🏆 8. / 91 Read more »
British intelligence says Russia has 'lost momentum,' fallen well behind Ukraine invasion scheduleThe British Ministry of Defence claimed that Russia has lost a full one-third of its ground combat forces committed in February and British Intelligence officials say Russia has 'lost momentum' in Donbas.
Source: FoxNews - 🏆 9. / 87 Read more »
Russia-Ukraine war live updates: NATO chief endorses looming Finland, Sweden addition as ‘historic moment’Secretary of State Antony Blinken met with Ukrainian Foreign Minister Dmytro Kuleba on Sunday to discuss military aid for Ukraine and the continuation of food exports to the developing world. Follow our live updates: 💙💛
Source: washingtonpost - 🏆 95. / 72 Read more »