Apple assuming retail lease, plans to open new UK Apple Store
Apple's march to world domination continues, this time with a new Apple Store planned for the UK seaside city of Plymouth. What's surprising about this store announcement is that Apple apparently made managers of a successful Zara fashion store at the Drake Circus Shopping Centre (above) in Plymouth "an offer they can't refuse."
The Zara store, which fills a 21,045 square-foot space in the mall, has about ten years to go on a fifteen-year lease. Zara is out; Apple will assume the lease for the remainder of the time. ifoAppleStore notes that this space is almost double the size of the standard Apple Store, so Apple may just occupy the ground floor and sublet the upper level.
26 Zara employees are losing their jobs as a result of the announced closing, but there's a good chance that more jobs than that will be created when the Apple Store opens. The Drake Circus store is about 45 miles from the Princesshay Apple Store in Exeter, and fills in coverage for the Devon and Cornwall region of the country.
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