Page 35 - Pushkin Square News Today

In March, Starbucks said its licensed partner had agreed to immediately suspend operations at all 130 of its stores in Russia. The more recent decision will mean ending its brand presence in the country, with the company paying nearly 2,000 workers for six months and providing help for job transitions.

When the first golden arches appeared in Moscow’s Pushkin Square in 1990, it did not matter that it was the middle of winter. It was as if the snow in Narnia had begun to melt, and the natural state of things was being returned in glorious technicolor. Russians queued around the corner for a taste of once forbidden patties. “If you can’t go to America, come to McDonald’s in Moscow,” an advertisement said. Soon other global brands piled in and dotted streetscapes with their logos and ...

Alexander Govor, the McDonald’s Corp. franchisee who’s now bought the chain’s entire business in Russia, will have to create a new brand to replace the “Golden Arches” that came to symbolize his country’s embrace of capitalism during the Soviet Union’s collapse.

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Russian businessman Alexander Govor has to rebrand McDonald's in Russia under a new name, which hasn't been revealed yet.

McDonald's is selling all of its restaurants in Russia 30 years after the burger chain became a powerful symbol of easing Cold War tensions between the United States and Soviet Union.

Businessman Alexander Govor has bought the fast food chains Russian restaurants after the Golden Arches brand pulled out of Russia following the invasion of Ukraine.

The new buyer will retain current employees for at least two years

McDonald’s is selling all of its restaurants in Russia 30 years after the burger chain became a powerful symbol of easing Cold War tensions between the United States and Soviet

McDonalds has begun the sale of its restaurants in Russia, 30 years after the burger chain became a powerful symbol of easing of Cold War tensions be ...