Group 1 - Apple opened its third retail store in Shenzhen, named Apple Qianhai Yifang City, marking the 58th store in Greater China [1] - The opening day attracted a large number of visitors [1] - The first customers received a commemorative gift, a thermos cup featuring the Apple logo, which has already been resold for over 300 in the secondary market [3]

Group 1 - Apple Inc. opened its third retail store in Shenzhen, named "Qianhai Yifang City Store," on August 16, 2023, attracting a large number of fans who queued for hours before the opening [2][3] - The store is located on the first floor of Qianhai Yifang City in Bao'an District and is designed with sustainability in mind, utilizing eco-friendly wooden materials to create a warm atmosphere [2] - This store marks a significant milestone in Apple's expansion in Shenzhen, being the 58th Apple Store in Greater China and the 5th in Guangdong province [3] Group 2 - The first Apple Store in Shenzhen was opened in November 2012 at Yitian Holiday Plaza, followed by the second store at MixC in 2023 [3] - The opening of the Qianhai Yifang City Store reflects Apple's commitment to enhancing its retail presence in the Shenzhen market [3]

Group 1 - Apple Inc. opened its third retail store in Shenzhen, named "Qianhai Yifang City Store," on August 16, 2023, attracting a large number of fans who queued for hours before the opening [1][2] - The store is located on the first floor of Qianhai Yifang City in Bao'an District and is designed with sustainability in mind, utilizing eco-friendly wooden materials to create a warm atmosphere [1] - This store marks a significant milestone in Apple's expansion in Shenzhen, being the 58th Apple Store in Greater China and the 5th in Guangdong province [2] Group 2 - The first Apple Store in Shenzhen was opened in November 2012 at Yitian Holiday Plaza, followed by the second store at MixC in 2023 [2]

Group 1 - Apple is set to open its third retail store in Shenzhen, named "Qianhai Yifang City Store," on August 16, marking a significant milestone in its market presence in Shenzhen [2] - The new store is the 58th Apple Store in Greater China and the 5th in Guangdong province, showcasing Apple's commitment to expanding its retail footprint in the region [2] - The store features diverse product display tables, accessible seating, and enhanced hearing systems, catering to customers with disabilities [2] Group 2 - The first Apple retail store in Shenzhen was opened in November 2012 at Yitian Holiday Plaza, followed by the second store at MixC in 2023 [3]

Core Insights - In the second week of August, a total of 20 chain brands closed at least 20 stores across various industries [1] Industry Summary - **Restaurant Sector**: 10 restaurant stores closed, including 2 coffee shops and 2 tea shops [3] - **Fashion Sector**: 2 fashion stores closed, specifically Other Stories and TAGME [3] - **Sports Sector**: 2 sports stores closed, both targeting the children's market, potentially impacted by declining birth rates [3] - **Luxury Goods**: The GUCCI store in Guiyang closed due to strategic adjustments, following a trend of luxury brands exiting the market [3][6] Company-Specific Summary - **Apple Store**: The Apple Store in Dalian closed on August 9, marking the first closure of an Apple retail store in mainland China. The closure was attributed to the departure of multiple retailers from the Dalian Century Plaza shopping center [4][5] - **GUCCI**: The GUCCI store in Guiyang closed, following the exit of other luxury brands from the same shopping center, indicating a potential chain reaction affecting secondary brands [6][7] - **Economic Context**: Guiyang's GDP has been steadily increasing, reaching 577.741 billion yuan in 2022, with a growth rate of 6%. However, the affluent consumer base remains limited, with only about 3,600 households having a net worth of over 6 million yuan, which constrains high-end consumption [8]

Core Points - Apple will close its Dalian Century City store on August 9, 2025, due to the departure of several retailers in the shopping center [1] - Apple emphasizes its commitment to providing excellent customer experiences through its online services and over 50 retail stores in Greater China [1] - The company plans to continue serving the local community and offers opportunities for current employees to remain with Apple [1] - Apple is expanding its presence in China, with a new store opening in Shenzhen on August 16 and a recently opened store in Hefei [1][2] - As of July 28, Apple shares closed at $214.05, with a market capitalization of approximately $3.2 trillion [3]