Apple to Shut First Retail Store in China Amid Economic Strain, Eyes Growth in India

Mumbai, July 29 (TNA) In a rare move, Apple has announced the permanent closure of its retail store in Parkland Mall, located in the Zhongshan area of Dalian, China. The store will shut its doors on August 9, marking the first time Apple is closing a retail outlet in the country.

The decision comes as the mall undergoes major changes, with multiple premium brands, including Coach, Sandro, and Hugo Boss, already exiting the premises.

China’s slowing economy, falling inflation, and weakened consumer spending are putting pressure on tech giants. Apple’s sales in China dipped 2.3% in Q2 2025, slipping to $16 billion—below the projected $16.8 billion.

Apple clarified that it remains committed to offering a quality customer experience and will continue operations at its second Dalian location, the Olympia 66 Mall, just 10 minutes away. Employees from the Parkland outlet will be redeployed to other locations.

While scaling back in China, Apple is intensifying its focus on India. The country has become the top smartphone exporter to the U.S., accounting for 44% of iPhone shipments in Q2 2025. Apple is also expanding retail stores in China, with a new Shenzhen outlet opening on August 16.