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Apple plans flagship London store

Apple is planning to open a large flagship store on London’s Regent Street before Christmas, The Times is reporting. The new Apple Store, which will span 20,000 sq ft and cost Apple about £1.5 million a year in rent, would be the company’s first in Europe. The Times said Apple will take space in Crown Estate’s (the holding company for the Queen’s property assets) first re-development at 229-247 Regent Street.

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