Carter's, the popular baby and kids clothing retailer, is undergoing significant changes, including closing 150 stores and cutting 300 jobs. The company aims to stabilize its business by focusing on profitable stores, reducing its size, and refining its product offerings. This move aligns with recent downsizing efforts by other major retailers like Target and Amazon. Carter's, which currently operates over 1000 stores, will gradually close locations as leases expire, causing concern for parents, employees, and shoppers. The company is also considering price increases and product adjustments due to ongoing tariff issues and cost uncertainty.

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