Apple intends to open a fifth Apple Store in China, and plans indicate it will be the country's largest. China Realtime Report has confirmed plans first revealed by Beijing Youth Daily (Google translation). Beijing Youth Daily interviewed Apple's senior vice-president of retail Ron Johnson, who confirmed that the store would open on Shanghai's Nanjing Road, possibly this summer.
Chinese retail stores are generating a huge amount of traffic and money for Apple. China Realtime Report notes that Chinese Apple Stores average 40,000 visitors per day. That's more than four times the traffic of U.S. stores. Indeed, China's four stores brought in US$2.6 billion last quarter. That's nearly four times as much as the sales for the same period in the previous year, and the best numbers from any stores worldwide.
This new store will be China's fifth and the second in Shanghai. If you're in the area and notice any construction, let us know. The last store Apple built in China was a stunner.
[Via China Realtime Report]