Empowering CFOs with Insights and Strategies for Navigating Corporate Finance and Achieving Excellence.

Apple Store shop front

Apple to close first unionized U.S. store amid labor tensions

Apple has announced it will shut its Towson, Maryland store, the first of its U.S. locations to unionize, citing declining conditions at the mall and the departure of other retailers. The move has drawn criticism from the union representing workers, which claims the closure may be an attempt to undermine organized labor and is exploring legal options. The store was a landmark in U.S. labor relations after employees voted to unionize in 2022, and its closure comes as Apple also plans to shut two other locations, with staff offered opportunities to transfer to nearby stores.