Fast-food chains find breaking up with Russia is hard to do
CBSN
Some fast-food chains are struggling to disentangle their brands from Russia amid intense public pressure on U.S. companies to withdraw from the country over its attack on Ukraine.
Canada's Restaurant Brands International (RBI), the owner of Burger King, has said it wants to close the 800 restaurants it operates in Russia. But the company's local partner, Russian businessman Alexander Kolobov, has refused to comply, while exiting business agreements set up 10 years ago is legally complicated, RBI said.
"Would we like to suspend all Burger King operations immediately in Russia? Yes. Are we able to enforce a suspension of operations today? No. But we want to be transparent with our actions and explain the steps we have taken to stand with the international business community in response to Russia's attack on Ukraine and its people," David Shear, international president of RBI, said this week in a news release.
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