Apple's global retail expansion: new stores and renovations on the horizon

© Reuters

Investing.com - As part of a strategic plan to bolster its retail network, Apple Inc (NASDAQ:AAPL) is focusing on expanding its footprint in China and other Asian regions, while also refreshing existing stores across the United States and Europe.

Bloomberg reports that Apple is currently in talks to open 15 new locations throughout Asia-Pacific, five more within Europe and the Middle East, as well as four additional stores in North America by 2027. Alongside this expansion effort, the tech giant intends to revamp or relocate six stores in Asia, nine outlets across Europe, and another 13 within North America over the next four years – resulting in a total of 53 fresh or updated venues.

In order to capitalize on market opportunities within Asia-Pacific specifically, Apple plans to establish or refurbish 21 sites by 2027. This region contributed nearly $130 billion to Apple's revenue last year – about one-third of its overall earnings – with countries like India playing a key role as drivers for growth; indeed, April saw two successful store launches for the company there.

The report also indicates ongoing discussions around opening a third Indian location in the Borivali suburb of Mumbai by 2025 along with relocating an existing Perth-based outlet down under. In addition to these moves come proposals for four Chinese storefronts plus renovation work at Japan’s Ginza venue (Apple's first-ever Japanese store), which underwent temporary relocation last year due to demolition activities.

Looking ahead towards late-2026 rollouts include plans for yet another Indian locale situated inside New Delhi’s DLF Promenade mall—potentially making it one of India’s largest after Bandra Kurla Complex debuted earlier this year—as well as establishing further presences throughout Yokohama (Japan) via new construction and Shibuya Marui (Japan) via relocation. By 2027, Apple hopes to unveil a fifth Indian outlet within Mumbai's coastal Worli district.

The report also underscores ongoing discussions or active development around several notable new locations – such as three more Indian venues, the company’s inaugural Malaysian store, an upgraded Parisian storefront at the Opera shopping area, plus upcoming openings in London's Battersea Power Station (near Apple’s local headquarters), Miami, and Shanghai's Jing'an Temple Plaza flagship site.

Moreover, Europe remains a key player in Apple's growth strategy with imminent plans for launching a Battersea-based London store. In line with this focus on European expansion are intentions to set up shop inside Madrid's La Vaguada shopping center while relocating the Milton Keynes location within the United Kingdom. Last year alone saw over $95 billion generated from Europe—approximately one-fourth of total sales—with the UK standing out as its third-largest retail market by hosting some 40 stores already.