The so-called retail apocalypse has claimed another major casualty — and this time, it’s one of the biggest names in tech.
Apple is shuttering its store at the North County Mall in Escondido in June, citing “declining conditions” at the struggling shopping center – a move that underscores the growing crisis facing malls across Southern California.
The iPhone giant confirmed the closure as part of a broader decision to pull out of three mall locations nationwide, including sites in Connecticut and Maryland.
“Following the departure of several retailers and declining conditions…we’ve made the difficult decision to close our stores,” Apple said in a statement.
The mall lost anchordepartment store Nordstromafter 35 years in 2020, while the mall’s former owner, Westfield, left in 2023.
Across the country, malls have been plagued with dwindling foot traffic as online shopping surges.
Apple’s departure though is especially symbolic: the company is notoriously selective about where it plants its sleek, high-end stores, often choosing only thriving retail hubs that match its premium brand image.
So,when Apple leaves, it’s a bad sign.
The closure is part of a muchlarger retail bloodbathsweeping the US.
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Source: California Post – Breaking California News, Photos & Videos