Apple Stores Receiving Special Deals

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Apple has reportedly been on the receiving end of some special treatment in exchange for bringing its trademark Apple Stores to shopping locations around the country. Some of the benefits include deals on lease costs and tax incentives. However, Apple appears to be returning the favor in these cases whether it is direct or indirect. The company paid for $2.5 million in infrastructure improvements as part of the new store that opened up in Grand Central Terminal in New York, while Apple is reported to pay less per square foot in rent than other businesses. A second store is also on the way in Salt Lake City, Utah, and the shopping center is rumored to have offered five years in free rent. An additional benefit brought about by Apple Stores is the increase in revenue that many stores near the Apple Stores see simply by being near the popular destination for electronics.

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