Overview
- Apple cited the exit of major brands at Parkland Mall as the driving factor behind its inaugural store shutdown in mainland China.
- Affected employees will be offered transfers to other locations, including the nearby Olympia 66 store, which will remain operational.
- The move comes after six consecutive quarters of declining sales in Greater China, with Q2 revenue dipping 2.3% to $16 billion.
- Despite the Dalian closure, Apple plans to open a new Uniwalk Qianhai store in Shenzhen on August 16 and additional outlets in Beijing and Shanghai over the next year.
- This retrenchment is part of a broader global realignment that includes planned closures in Bristol (UK), Partridge Creek (Michigan) and Hornsby (Australia).