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Consumers Call for Boycotts of Companies Not Leaving Russia. List of 9 Staying Put.

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Editor’s note: This article was last updated on March 9. Previous versions of this list included McDonald’s (NYSE:MCD), Starbucks (NASDAQ:SBUX), Zara, PepsiCo (NASDAQ:PEP), Coca-Cola (NYSE:KO) and Papa John’s (NASDAQ:PZZA), which all have since announced that they were pausing operations in Russia. 

Consumers are calling on companies to exit Russia as its war with Ukraine continues, but some companies have no intention of leaving the country.

The Ukrainian flag positioned next to the Russian flag.

Source: Shutterstock

Many companies are already pulling out of Russia due to the war. Add on the boycott calls, and it seems like an easy PR move. However, others are sticking around to continue doing business in Russia.

Let’s go over the companies that are not leaving Russia below!

Companies Not Leaving Russia

  1. Yum! Brands (NYSE:YUM), the owner of KFC, Taco Bell and Pizza Hut, also plans to keep its businesses running in Russia.
  2. Restaurant Brands International’s (NYSE:QSR) Burger King is among the various fast-food chains that are still operating in Russia.
  3. Mondelez International (NASDAQ:MDLZ) is another company that’s still sending goods over to Russia.
  4. Uniqlo is keeping its 49 stores open in Russia, although its owner promised to continue monitoring the situation.
  5. Hilton (NYSE:HLT) has not closed its locations in Russia.
  6. Other hotel chains including Marriott (NASDAQ:MAR) also continue to operate locations in Russia.
  7. Hyatt (NYSE:H) is another hotel chain that continues to operate in Russia.
  8. Caterpillar (NYSE:CAT) is another company not leaving Russia. It currently has a distribution center in Moscow and a manufacturing center in Tosno.
  9. Whirlpool (NYSE:WHR) has also not announced any plans to cease operations in Russia.

With more companies leaving Russia as the days pass it might not be long before these give into consumers’ calls for boycotts.

Investors searching for more stock market news are in the right place!

All of the latest stock market news for Tuesday is available right here! That includes what’s going on with shares of Mullen Automotive (NASDAQ:MULN) stock, as well as price predictions for gas and oil. You can find all of that at the following links!

More Stock Market News for Tuesday

On the date of publication, William White did not have (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com Publishing Guidelines.


Article printed from InvestorPlace Media, https://investorplace.com/2022/03/consumers-call-for-boycotts-of-companies-not-leaving-russia-list-of-9-staying-put/.

©2022 InvestorPlace Media, LLC

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