Ikea closes all stores and factories in Russia amid exodus of western firms

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Ikea closes all stores and factories in Russia amid exodus of western firms
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Top brands from M&S to Apple, Jaguar Land Rover, Expedia and Coca-Cola are suspending operations

and store owner Ingka Group said they had “secured employment and income stability” for the workers directly impacted by the decisions, including its 416 co-workers in Ukraine, where its one store and online operations have been suspended since war broke out on 24 February.M&S said it has suspended shipments to its Turkish franchisee’s business in Russia, which has 48 stores and 1,200 employees.

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