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Apple Closing 20 Retail Stores to Build Bigger Ones

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http://www.thevarguy.com – As if you haven’t noticed, some of Apple’s (NASDAQ: AAPL) retail stores can get crowded, shoulder-to-shoulder in some locales and difficult to navigate during new product kickoffs. So Apple figures when it comes to its retail outlets, bigger isn’t just better, it’s also necessary, as it plans to shutter 20 retail stores and replace them with larger ones. There’s no word where the new, bigger stores will be located, or how much bigger they’ll be, only that they’ll be bigger. Apple chief Tim Cook disclosed the plan at the recent Goldman Sachs Technology and Internet Conference, not (IT news)