Apple shutters store in China for first time ever as struggles mount in second-largest market

Apple is shuttering a store in China, marking its first closure in the country amid its mounting struggles in the major smartphone market. The Cupertino, Calif.-based company is closing a store in northeastern China, located in Dalian City's Parkland Mall, on Aug. 9. That's the first store in China Apple has been forced to shut down since opening its flagship store in the country in 2008. It appears the mall has been struggling to survive amid a slump in Chinese consumer spending, with several other retaile ...