El Pais, a Spanish newspaper, is reporting that the mayor of Madrid has announced that Apple will be moving into a landmark building in the heart of Madrid. The space is over 6000 square meters (65,000 feet), and is a famous building built in 1863, with a large neon sign for the Tio Pepe (a […]
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Report Claims that Apple Planning Retail Store in Madrid

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El Pais, a Spanish newspaper, is reporting that the mayor of Madrid has announced that Apple will be moving into a landmark building in the heart of Madrid. The space is over 6000 square meters (65,000 feet), and is a famous building built in 1863, with a large neon sign for the Tio Pepe (a brand of sherry apparently).

This report claims that Apple is looking to occupy all seven floors of the building, which contradicts an earlier report which claimed Apple was only going to use the bottom one or two floors. Apple will likely only use the bottom floors for retail, and the upper floors as office space, and center of operations for the region.

The building is currently undergoing restoration, which is expected to finish up this fall. As hinted above, it’s unknown how large the retail space will be, once Apple moves in, but some of the companies largest stores, as it stands today, are around 25,000 square feet. So, this will be a big store. This will be the third store Apple operates in Spain.

Does this really come as a surprise? Apple has stated that they are moving to open larger, more landmark-ish stores from here forward. That means fewer, small retail stores in, say, malls, but more large flagship stores.

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