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New Shanghai store will be Apple's biggest retail venture in China yet

post #1 of 11
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With its highly successful retail stores constantly crowded in China, Apple is slowing down and thinking bigger starting with its new Shanghai store, planned to be the biggest yet in the nation.

According to China Real Time, Apple is planning its fifth store in China, to be located at Nanjing Road. It will be the third store in Shanghai, joining two stores in Beijing.

Ron Johnson, Apple's senior vice-president of retail, reportedly revealed that the company's stores in China are now visited by more than 40,000 per day, which is four times the average traffic Apple retail stores in America see. Because of that, the company is now looking to build bigger stores that can accommodate customer interest.

The company had previously revealed plans to open up 25 retail stores in China, but Johnson indicated the openings may occur slower as Apple revises its plans and concentrates on bigger stores.

Apple executives revealed in January that its stores in China now attract the most traffic in the world, and also earn the highest revenue. At the time, Apple had a total of 323 stores worldwide, with 87 of them outside the U.S.



Johnson revealed years ago that Apple discovered its stores were too small, resulting in an initiative that has resulted in new locations being at least three table widths wide. Apple also intends to focus on creating more "significant stores" that attract attention, like its flagship location in New York City which is covered by a glass cube.

Apple's retail store opened in Shanghai last July similarly features a stand-out entrance with a massive glass cylinder. When the company began its initial push into China, executives said they were more focused on building the Apple brand in China than achieving strong sales right off the bat.
post #2 of 11
And yet the "city-state" of Hong Kong which incidentally is the region's financial centre where literally EVERYONE has an iPhone 4 still doesn't have a single Apple Store.
post #3 of 11
Toronto is Canada's largest city and it's a large market, yet all we have here are mall locations. There are 4 stores in shopping malls in Toronto and they're always packed.

There was talk of Apple opening a store on Bloor St. (Toronto's 5th Avenue / Michigan Av.) but that was years ago.

Anybody know anything?
post #4 of 11
Quote:
Originally Posted by haruhiko View Post

And yet the "city-state" of Hong Kong which incidentally is the region's financial centre where literally EVERYONE has an iPhone 4 still doesn't have a single Apple Store.

So I guess it doesn't need one anymore?
post #5 of 11
Quote:
Originally Posted by haruhiko View Post

And yet the "city-state" of Hong Kong which incidentally is the region's financial centre where literally EVERYONE has an iPhone 4 still doesn't have a single Apple Store.

same with Taiwan. the place where most of the iphone and mac parts are produced and innovated, there isn't even one Apple store. Lots of certified resellers though...
post #6 of 11
I was in Shanghai on business in December and visited the Apple store, it is very impressive although a bit out of the way in Pudong. The new store will be located on East Nanjing Road which is the main shopping district. Having said that Pudong is a wealthy area, the shopping mall behind the Apple store had watches on sale costing 1.3M RNB ( £130,000 ).

Some pics,

http://www.flickr.com/photos/nomapnocompass/5231201518/

http://www.flickr.com/photos/nomapnocompass/5231206012/
post #7 of 11
Those damn commies can be proud!
post #8 of 11
Quote:
Originally Posted by haruhiko View Post

And yet the "city-state" of Hong Kong which incidentally is the region's financial centre where literally EVERYONE has an iPhone 4 still doesn't have a single Apple Store.

At least Hong Kong has a store. My country has none.
Citing unnamed sources with limited but direct knowledge of the rumoured device - Comedy Insider (Feb 2014)
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Citing unnamed sources with limited but direct knowledge of the rumoured device - Comedy Insider (Feb 2014)
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post #9 of 11
Quote:
Originally Posted by haruhiko View Post

And yet the "city-state" of Hong Kong which incidentally is the region's financial centre where literally EVERYONE has an iPhone 4 still doesn't have a single Apple Store.

...Hong Kong has population of about 7million...the combined population of Beijing and Shanghai is now almost 40million...

and 90% of the grey market iPhones sold in China is from Hong Kong...

do the math...Apple does...
post #10 of 11
Quote:
Originally Posted by haruhiko View Post

And yet the "city-state" of Hong Kong which incidentally is the region's financial centre where literally EVERYONE has an iPhone 4 still doesn't have a single Apple Store.

The City of Beverly Hills doesn't have an Apple Store either, but the real estate agents seem to obtain them anyway.
Cubist
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Cubist
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post #11 of 11
Quote:
Originally Posted by KaptainK View Post

I was in Shanghai on business in December and visited the Apple store, it is very impressive although a bit out of the way in Pudong. The new store will be located on East Nanjing Road which is the main shopping district. Having said that Pudong is a wealthy area, the shopping mall behind the Apple store had watches on sale costing 1.3M RNB ( £130,000 ).

So the new store is coming to Nanjing Road East and not West? I find that surprising considering that Nanjing Rd. West is far more high end, while Nanjing Rd East caters more to the tour groups.

Any ideas on where exactly it's going?
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