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Retail Shakeup: Major Closures Amid Restaurant Boom

12/25/2025

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Story summary
  • In 2025, traditional retail faced significant challenges, leading to closures at major retailers.
  • Carter’s plans to close about 150 stores, citing tariffs as a factor.
  • Dick's Sporting Goods and Kroger announced closures, with Dick's focusing on underperforming locations.
  • Red Robin and Wendy's are considering closing up to 300 locations combined.
  • In Montgomery County, 667 new restaurants opened in 2025, up from 646 openings in 2024.