Carter’s to Close 200 Stores, Open 100 ‘Co-Branded’ Locations

Carter’s is reshuffling its store deck, with the infant and children’s wear company set to close approximately 25 percent—or more than 200—of its 850 U.S. stores as leases expire. Alongside these closures, the kid’s wear specialist has plans to open nearly 100 new co-branded stores with sister brand OshKosh B’gosh over the next five years,…