Nokia closed it flagship store in China that was openeed in 2007
Nokia (NYSE:NOK): According to ZDNet, Nokia has closed its flagship store in China. The Shanghai store, which opened in 2007, will shut down at the end of March. “For a while now, Nokia has been focusing on growing its presence in operator and third-party retail outlets, rather than through our own physical stores,” a company representative told the website. “We are, of course, also continuously beefing up our online presence.” As it tries to turn its flailing fortunes around, Nokia is also trying hard to regain lost ground in China.