5 Hrs
Source:
New York Post
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Apple closes California store this month
Apple is closing its retail store at North County Mall in Escondido, California, on June 20, as part of a nationwide closure of three stores due to deteriorating mall conditions and the departure of other retailers. While staff will transfer to nearby locations, the Maryland store closure may result in job losses for approximately 78 to 90 employees. Despite these closures, Apple maintains a strong financial position, with over $146.6 billion in cash and marketable securities.
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