Orvis closing about half its stores
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Outdoor equipment retailer Orvis will close 36 locations by early 2026 due to “unprecedented tariff pressure,” president Simon Perkins said.
The Vermont-based company will shutter 31 stores and five outlets, which have not yet been specified. Orvis currently operates about 70 retail stores and six outlets across the U.S., according to its website.
In addition to its store closures, Orvis will reduce its product offerings, which include fly fishing gear, outdoor apparel and more.
“Like many in retail, Orvis’ business model faced a sizeable shift with the introduction of an unprecedented tariff landscape,” Perkins said in a statement, according to CT Insider. “For more than a century-and-a-half, we’ve been committed to being leaders in our space for customers and partners, beginning with our industry-leading fly rods still crafted in Vermont today. To ensure a durable brand and model for decades to come, we are focusing on our core strengths and making the difficult but necessary decision to rescale the business by tightening our assortment and reducing our corporate store footprint.
“As part of this effort, we will close 31 stores and 5 outlets by early 2026. We will be concentrating on a more focused retail store portfolio, as well as brick-and-mortar opportunities through our valued dealer network,” he added.
