Apple's iconic Fifth Avenue store in New York City will soon close for major renovation
Apple is planning a major renovation for its iconic outlet from the ground up, and hence Apple’s Fifth Avenue retail store located in New York City will be closing down temporarily for a brief amount of time. In the meantime, it will be relocated to FAO Schwarz toy store. Apple’s iconic all-glass magical cube store despite being operational for less than a decade is considered as many of the most successful and best known retail sites in the world.
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And since there are no time limits, it is operational 24 hours a day, 7 days a week. The timing of the renovation could not be better for Apple since FAO Schwarz will vacate the ground level store by July 2015 and there will be a temporary availability of space in GM Building. Rising cost of rent appears to be the reason for the toy maker’s decision to vacant the area. Apple Store’s temporary relocation is just a few steps from the 58th street and Fifth Avenue, and hence the arrangement shall be convenient for both, the customers and the employees.
Apple’s store on Fifth Avenue last witnessed a renovation in 2011 where it received its iconic cube treatment with large panels of glass. Apple currently has not spilled the beans on the amount of time the renovation is expected to take, but if we look at the past trend where the renovation started in June 2011 and finished somewhere around November 2011. Reports also claim that Apple is drafting multiple renovation plans for some twenty existing Apple Retail Stores all across US.
The prime focus of the renovation is to increase room for walk-in customers as Apple felt that the number of in-store customers had increased rapidly over the past few years, and so planning on doubling the size of its existing stores makes sense. Furthermore, there are also plans for renovating the Regent Street Store in the UK while relocation seems eminent for its Union Square outlet in San Francisco.