Carter’s confirmed Monday it plans to close 150 stores over the next three years while increasing prices for customers. The national retailer specializing in clothing for babies, toddlers and young children confirmed the moves while revealing its financials for the third quarter of fiscal 2025.

The Atlanta-based company operates more than 1,000 stores in North America, and distributes its brands to retailers like Walmart, Target and Amazon. Known brand names owned by the company include OshKosh B’Gosh, Just One You, and Simple Joys.

Sales for the quarter were down just 0.6% compared to the same quarter in 2024. However, profits are down 80% from $58.3 million in third quarter 2024 to $11.2 million in third quarter 2025. For the year, profits are down about 77% compared to 2024.

The bi

See Full Page