
Nokia had a huge store in Shanghai and opened it while they were the worlds biggest company in the emerging Chinese market. Now it is closed and Nokia is struggling in the growing Chinese market.
They were also forced to close a series of stores in Russia. Some of it is due to strategic decisions, but mostly they are not competitive in the mobile phone market anymore.
They will increase their presence with the telecom companies and their presence in the internet.
Since Nokia is the flagship of Windows phones this is bad news for Microsoft too. The Chinese simply do not want it - and that is a big and important market.
Some time ago Nokia sold their headquarters and now the stores are going the same way.