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Apple to Close First China Store After Parkland Mall Tenants Exit

Closure of the Parkland Mall outlet on August 9 follows the departure of several retailers with staff reassigned to other Apple stores.

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).