Apple has reportedly abandoned plans to open an Apple Store in Israel after no mall owner in the country was willing to agree to the company’s terms. The proposed location was in the Azrieli Sarona Tower, a 61-storey skyscraper in Tel Aviv.
Apple is known to make significant demands when it comes to opening new retail stores …
The company knows that the presence of an Apple Store in a mall or other location will attract lots of customers. It also knows that the Apple customer demographic is a particularly valuable one for retail locations. For example, it has been reported that the company sometimes demands free rent for a significant period.
