There has been no shortage of retailers closing locations over the last few years as consumer behaviors shift online and foot traffic at brick-and-mortar stores continues to decline for many chains.
And now, iPhone maker Apple has announced that it will join the ranks of companies closing locations, with multiple Apple stores to close for good this summer. Here’s what you need to know.
Which Apple retail stores are closing?
Yesterday, Apple confirmed that it will close three Apple retail stores in the United States.
While there have been a few instances in the past of Apple closing a retail store, this is the first time the company has announced the closure of three in one fell swoop.
In a statement to MacRumors, Apple confirmed the closure of three locations across the United States. Based in three different states, those locations are:
- California: Apple North County retail store at the Shops at North County, 272 E Via Rancho Parkway, Escondido 92025
- Connecticut: Apple Trumbull retail store at Trumbull Mall, 5065 Main Street, Trumbull 06611
- Maryland: Apple Towson Town Center retail store at Towson Town Center, 825 Dulaney Valley Road, Towson 21204
According to MacRumors, all three locations will close in June. Each location was also temporarily closed yesterday, but is now open and will continue operating until its final shuttering this summer.
Why is Apple closing these retail stores?
When a retailer announces store closures, many assume the company’s entire business is struggling. But given that Apple continues to rake in money hand over fist, quarter over quarter, that is clearly not the case.
