How retail landlords are finding revenue beyond the rent roll
Friday, May 8, 2026
| Carter’s to close 150 ‘low-margin’ stores, cut staff |
| Published Friday, November 7, 2025 11:00 am |
This is a summary
"Carter’s Inc. is upping its store closures and reducing staff as part of its ongoing effort to “right size” its cost structure and improve productivity as tariffs weighed on its profitability.
The nation’s largest apparel company dedicated to babies and young children now plans to close approximately 150 stores at lease expiration in North America during the next three years, an increase from its previously-disclosed target of approximately 100 locations. About 100 stores will go dark over the fiscal year 2025 and 2026 periods. The 150 stores collectively represent approximately $110 million in annual net sales on a last 12 months basis. "
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Carter’s to close 150 ‘low-margin’ stores, cut staff | Chain Store Age
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