News

Children’s clothing chain with Springfield location plans to close 150 stores

Children’s clothing chain with Springfield location plans to close 150 stores

Carter's is a children's clothing retailer with a location in Springfield. Photo: Contributed


Atlanta, GA (CAPITOL CITY NOW) – A chain store specializing in clothing for children and babies, with 25 Illinois locations including one in Springfield, is planning on closing more than 100 locations over the next several years.

According to a news release and an earnings and financial report, Carter’s says 150 stores will close over the next three years, “at lease expiration.”  A list of stores closing is not yet known, but Carter’s has a location on Veteran’s Drive, in the same shopping center as Harvest Market.

The move is part of what it calls “ongoing transformation efforts” that are designed to “right size its cost structure and improve productivity.”

In addition to its own store brand, Carter’s also controls the long-known “Osh Kosh” and “Osh Kosh B’Gosh.”

According to a news release, sales in its Third Quarter of 2025 decreased 0.1% to $757.8 million, compared to the same period a year earlier.  Operating income, though, decreased 62.2% to $29.1 million.  The release, however, also touted paying cash dividends to shareholders totaling $47.2 million in the first three quarters of the fiscal year

“Our third quarter performance reflected continued improvement in U.S. Retail business demand as we achieved positive comparable sales and improved pricing for the second consecutive quarter,” said Douglas C. Palladini, Chief Executive Officer & President, in a news release. “However, elevated product costs, in part due to the impact of higher tariffs, as well as additional investment, weighed meaningfully on our profitability.”

In addition to Springfield, the closest Carter’s would be in Bloomington and East Peoria. The company is based in Atlanta, GA.

Recent Headlines

7 hours ago in Entertainment, Food Scene, Lifestyle, Local

Donut Day happens Friday, brings awareness to Salvation Army

A donut eating contest supporting the Salvation Army is scheduled for Friday, June 5.

9 hours ago in Entertainment, IL State News, Lifestyle, National

‘Love my woke pope’: Why Leo’s first encyclical went viral and how it speaks to his papal approach

History’s first U.S.-born pope has demonstrated a willingness to embrace aspects of contemporary culture.

11 hours ago in Sports, Trending

Golden Knights and Hurricanes built their Stanley Cup Final teams in different ways

On the eve of the Stanley Cup Final between the Vegas Golden Knights and Carolina Hurricanes, one of the general managers involved laid out his thinking when making roster moves.

12 hours ago in Entertainment, IL State News, Lifestyle, Local

‘100 Deadliest Days of Summer’ ramps up for teen drivers

According to AAA statistics, nearly one-third of all teen driving deaths in 2024 occurred between Memorial Day and Labor Day.

1 day ago in Sports, Trending

Last call? States look to extend bar and restaurant hours during the World Cup

World Cup fans in a growing number of U.S. cities won't have an issue finding a well-poured pint to go with their late-night match. State leaders across the U.S. are signing off on extending bar and restaurant hours during the world's most-watched sporting event.