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Author Topic: Apple's new flagship store in Toronto is now in question  (Read 169 times)
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« on: February 15, 2022, 04:05:16 pm »

Apple's new flagship store in Toronto is now in question

What you need to know


Apple may pull out of a planned store in Toronto, Canada.
The company says it may do so due to continued delays in construction.
It's unclear what other area Apple may choose to put its planned store.


Another Apple Store is...delayed.

Apple is apparently threatening to bail on its new retail location in Toronto, Canada.

As reported by The Globe and Mail, the company has reportedly threatened to end its plans to locate its new Apple Store in The One, a new residential skyscraper that is in the process of being built in the city. Apple says that it is exercising its right to abandon the plan due to delays in the building's construction.


  But the tech giant has told Mizrahi Developments it may exercise an option in the lease agreement that allegedly allows the retailer to exit without penalties if the developer misses certain deadlines, according to court documents filed by Mizrahi in Ontario's Superior Court of Justice on Oct. 5, 2021.
 
  Mizrahi says i...

Source: Apple's new flagship store in Toronto is now in question
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