Major children’s clothing retailer, Carter’s Inc., plans to eliminate 300 office positions and close approximately 150 North American stores over the next three years as the company grapples with sharply declining profits.

The Atlanta-based company announced these “productivity improvement actions” in its third-quarter fiscal 2025 results, despite sales remaining relatively stable compared to the previous year.

The job cuts represent about 15% of the company’s office-based workforce and are expected to be completed by the end of 2025, while store closures will continue through the next three years.

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Carter’s reported third-quarter net sales of $757.8 million for the period ending Sept. 27, 2025, a minimal decr

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