(Reuters) - McDonald's Corp said on Wednesday the temporary closure of its 847 stores in Russia will cost the fast food chain about $50 million a month.
(Reuters) – McDonald’s Corp said on Wednesday the temporary closure of its 847 stores in Russia will cost the fast food chain about $50 million a month.
The company said on Tuesday it would temporarily close all of its restaurants in Russia including its iconic Pushkin Square location, increasing pressure on other global brands to pause operations in the country following Moscow’s invasion of Ukraine.
(Reporting by Praveen Paramasivam in Bengaluru; Editing by Saumyadeb Chakrabarty)
Reuters, the news and media division of Thomson Reuters, is the world’s largest international multimedia news provider reaching more than one billion people every day. Reuters provides trusted business, financial, national, and international news to professionals via Thomson Reuters desktops, the world's media organizations, and directly to consumers at Reuters.com and via Reuters TV. Learn more about Thomson Reuters products:
