tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Apple to close China retail store for first time, Bloomberg reports

Apple (AAPL) is closing a retail store in China for the first time, citing a changing landscape at the shopping complex, Bloomberg’s Mark Gurman reports. The company has about 56 stores in the Greater China region, and the closing store is one of two locations in Dalian City, with employees to be given opportunities to work elsewhere, Gurman writes. “We’re always focused on providing an exceptional experience for all of our customers both online and at more than 50 Apple Store locations across Greater China,” the company said in a statement. “Given the departure of several retailers at the Parkland Mall, we have made the decision to close our store there.”

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & DisclosureReport an Issue

1