McDonald’s closing all its stores in Russia is a big deal, even if it’s a little late
March 9, 2022
Business
Sales Department
In a memo to McDonald’s staff on Tuesday afternoon, CEO Chris Kempczinski announced the global fast food giant is closing all of its stores in Russia, saying “our values mean we cannot ignore the needless human suffering unfolding in Ukraine.” While known for its franchise model, McDonald’s owns more than 80% of its 847 Russian […]