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Apple to Close Atlantic City Store, Cutting 52 Employees

Apple Inc. said it is closing a retail store in Atlantic City, New Jersey, resulting in job cuts 

Apple to Close Atlantic City Store, Cutting 52 Employees
Shoppers look at Apple Inc. products as a MacBook Air laptop computer sits on display at an Apple store in San Francisco. (Photographer: Tony Avelar/Bloomberg)

(Bloomberg) -- Apple Inc. said it is closing a retail store in Atlantic City, New Jersey, resulting in a rare but small round of job cuts by the world’s largest technology company.

Apple filed a Worker Adjustment and Retraining Notification with the state of New Jersey for 52 employees who will be affected. The iPhone maker rarely closes a retail store without relocating it.

“Due to a sharp decline in tourism and visitors to the area, we have made the difficult decision not to extend our lease,” an Apple spokesman said in a statement. “We are offering all of the store’s employees other jobs within Apple and we look forward to serving our Greater Atlantic City customers through our other southern New Jersey, Delaware Valley, and Greater Philadelphia area stores.”

Apple last closed a store in Simi Valley, California, for similar reasons. The company has more than 500 stores globally with over half located in the U.S.

To contact the reporter on this story: Mark Gurman in San Francisco at mgurman1@bloomberg.net

To contact the editors responsible for this story: Tom Giles at tgiles5@bloomberg.net, Alistair Barr, Andrew Pollack

©2018 Bloomberg L.P.