Apple has filed a Worker Adjustment and Retraining Notification with the state of New Jersey signaling its intention to shutter the store. It's not clear exactly when the store will be closed, as the store's website does not yet list a closing date and Today at Apple sessions continue to be available.
It is rare for Apple to shutter stores completely, and in a statement, an Apple spokesperson told Bloomberg that the closure was due to a "sharp decline in tourism." "We have made the difficult decision not to extend our lease," said the spokesperson.
Apple says that all of the store's employees will be offered other jobs within Apple. "We look forward to serving our Greater Atlantic City customers through our southern New Jersey, Delaware Valley, and Greater Philadelphia area stores," read Apple's statement.
The last store that Apple closed was located in Simi Valley, California, which Apple shut down in September 2017 due to low sales and issues with customer traffic.
Update: Apple's store page for the Atlantic City location now notes that June 30 will be the final day of operation.