Overview

• Apple will shutter its Parkland Mall outlet in Dalian on August 9, marking its first-ever retail closure in mainland China.
• The company cited the exit of several retailers from the complex as deflationary pressures dampened consumer spending.
• Employees at the Dalian store will be offered roles at other locations, including the nearby Olympia 66 outlet, which remains open.
• China sales fell 2.3% to US$16 billion in the second quarter, below analysts’ US$16.8 billion forecast and triggering a review of the region’s retail footprint.
• Apple will open a new store at Shenzhen’s Uniwalk Qianhai on August 16 and has approved additional outlets in Beijing and Shanghai for 2026.