Apple is shutting a store in China, its first closure in the country

Posted under: Tech Move
Date: 2025-08-01
First Apple Store Closure in China Amid Retail Downturn | Justo Global

Apple announces the closure of its Parkland Mall store in Dalian, China, on August 9, marking its first retail shutdown since entering the market in 2008. The decision comes amid declining consumer spending in China, with retail struggles evident as competitor brands like Michael Kors exit the mall. Apple reported a 10% drop in revenue from China, totaling $66.95 billion last year, reflecting heightened market competition from local rivals.

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