Overview

• The August 9 shutdown of the Parkland Mall location will be Apple’s first directly managed store closure in mainland China.
• Employees from the closing Dalian outlet will be offered positions at the nearby Olympia 66 store or transferred to other Apple locations in Greater China.
• The decision follows the exit of major tenants such as Coach, Sandro and Hugo Boss in the face of deflationary trends and weakening retail sales in Dalian.
• Apple’s revenue in Greater China dropped 2.3% to $16 billion in the second quarter, underperforming forecasts as domestic competitors like Huawei and Xiaomi gain market share.
• Despite retrenching in Dalian, Apple will open a Uniwalk Qianhai store in Shenzhen on August 16 and roll out additional outlets in Beijing and Shanghai in 2026.