Nokia has announced that it will be closing its flagship store in Shanghai, China. Nokia is working on saving money and shutting down its failing retail stores should be a good way for the company to conserve its limited cash.
Nokia posted the closure announcement on Sina Weibo and only garnered 938 reposts in three days. The store originally opened in 2007 and outlived Nokia's London store, which closed in 2009. On the other hand, Apple continues to open Apple Stores across China, with three in Shanghai alone.