• Home
  • News
  • Fortune 500
  • Tech
  • Finance
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia
Apple

Apple Is Closing Its Atlantic City Store and Cutting 52 Jobs

By
Bloomberg
Bloomberg
Down Arrow Button Icon
By
Bloomberg
Bloomberg
Down Arrow Button Icon
May 26, 2018, 9:50 AM ET
Apple store in Atlantic City
Apple's iPhone 6 are displayed as people browse through products at a store in Atlantic City, New Jersey, on November 8, 2014. Jewel Samad—AFP/Getty Images

Apple Inc. said it is closing a retail store in Atlantic City, New Jersey, resulting in a rare but small round of job cuts by the world’s largest technology company.

Apple filed a Worker Adjustment and Retraining Notification with the state of New Jersey for 52 employees who will be affected. The iPhone maker rarely closes a retail store without relocating it.

“Due to a sharp decline in tourism and visitors to the area, we have made the difficult decision not to extend our lease,” an Apple spokesman said in a statement. “We are offering all of the store’s employees other jobs within Apple and we look forward to serving our Greater Atlantic City customers through our other southern New Jersey, Delaware Valley, and Greater Philadelphia area stores.”

Apple last closed a store in Simi Valley, California, for similar reasons. The company has more than 500 stores globally with over half located in the U.S.

About the Author
By Bloomberg
See full bioRight Arrow Button Icon

Latest in Careers

Financial advisor presents a graph to her client.
Career HubEducation
How to become a financial advisor: 4 steps to a life-long career
By Preston ForeJanuary 2, 2025
11 months ago
Group of business people look at charts and graphs.
Career HubEducation
How to become an actuary: 4 steps to earn six figures
By Preston ForeOctober 21, 2024
1 year ago
Woman analyzes a chart with a laptop next to her.
Career HubEducation
How to become a CPA
By Preston ForeSeptember 27, 2024
1 year ago
Woman explains a concept to a woman sitting next to her.
Career HubEducation
How to become an accountant
By Preston ForeSeptember 20, 2024
1 year ago
Group of varied professionals stand looking toward the camera.
Career HubEducation
These are the nation’s fastest growing jobs—and many pay $100k
By Preston ForeSeptember 13, 2024
1 year ago
Nurse pulls cash out of the front pocket of their scrubs.
Career HubEducation
A guide to a nurse’s salary: Broken down by all 50 states and industry type
By Preston ForeAugust 7, 2024
1 year ago

Most Popular

placeholder alt text
Economy
Two months into the new fiscal year and the U.S. government is already spending more than $10 billion a week servicing national debt
By Eleanor PringleDecember 4, 2025
18 hours ago
placeholder alt text
Success
‘Godfather of AI’ says Bill Gates and Elon Musk are right about the future of work—but he predicts mass unemployment is on its way
By Preston ForeDecember 4, 2025
13 hours ago
placeholder alt text
North America
Jeff Bezos and Lauren Sánchez Bezos commit $102.5 million to organizations combating homelessness across the U.S.: ‘This is just the beginning’
By Sydney LakeDecember 2, 2025
3 days ago
placeholder alt text
Success
Nearly 4 million new manufacturing jobs are coming to America as boomers retire—but it's the one trade job Gen Z doesn't want
By Emma BurleighDecember 4, 2025
14 hours ago
placeholder alt text
Success
Nvidia CEO Jensen Huang admits he works 7 days a week, including holidays, in a constant 'state of anxiety' out of fear of going bankrupt
By Jessica CoacciDecember 4, 2025
13 hours ago
placeholder alt text
Health
Bill Gates decries ‘significant reversal in child deaths’ as nearly 5 million kids will die before they turn 5 this year
By Nick LichtenbergDecember 4, 2025
1 day ago
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • Future 50
  • World’s Most Admired Companies
  • See All Rankings
Sections
  • Finance
  • Leadership
  • Success
  • Tech
  • Asia
  • Europe
  • Environment
  • Fortune Crypto
  • Health
  • Retail
  • Lifestyle
  • Politics
  • Newsletters
  • Magazine
  • Features
  • Commentary
  • Mpw
  • CEO Initiative
  • Conferences
  • Personal Finance
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
About Us
  • About Us
  • Editorial Calendar
  • Press Center
  • Work At Fortune
  • Diversity And Inclusion
  • Terms And Conditions
  • Site Map

© 2025 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.