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Carter’s plans to close 150 stores and cut 300 corporate jobs to boost profitability amid rising costs.
Carter’s, the children’s clothing retailer, announced plans to close about 150 stores over the next three years as part of a restructuring effort to improve profitability.
The move follows strong sales and pricing gains but comes amid ongoing challenges like higher product costs—partly due to tariffs—and the need for operational efficiency.
Closures will occur at lease expirations, with 100 stores set to close by 2026.
The company also plans to cut around 300 corporate jobs—about 15% of its office workforce—by year-end, and leadership will reduce compensation.
The changes aim to streamline operations, refine product offerings, and strengthen long-term performance.
Carter’s operates brands including Carter’s, OshKosh B’gosh, Otter Avenue, and Skip Hop.
Carter's planea cerrar 150 tiendas y recortar 300 empleos corporativos para impulsar la rentabilidad en medio de costos crecientes.