169-year-old outdoor retail chain announces 36 store closures
Yahoo Financeยท2025-10-08 17:47
Newly imposed U.S. tariffs, weaker consumer spending, and rising costs have put immense pressure on businesses that rely on imported goods. Due to these challenges, many retailers have been forced to restructure and cut costs, leading to a wave of store closures over the past several months. Now, another well-known retailer is feeling the impact of the uncertain economy. The iconic outdoor and lifestyle brand Orvis will permanently close 36 locations in 2026, including 31 stores and five outlets. It pla ...