In a note to clients — as reported by “AppleInsider” (http://www.appleinsider.com_ says Apple will expand its store-within-a-store retail outlets to Target and Walmart in the U.S. over the next two years.
He says the company has 250 retail locations in the U.S., but has the potential to reach many new customers by expanding its micro-store concept. Currently, Walmart has over 3,800 locations in the U.S., and Target has 1,700 stores. Munster expects Walmart to be a significant partner for Apple in expanding the company’s presence, as Walmart has better rural distribution.
Apple is currently testing its store-within-a-store concept at two Target locations, and 23 more stores will be added before the end of the year, reports “AppleInsider.”