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Politics : The Trump Presidency

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pocotrader

Wharf Rat

From: bustersmith	10/30/2025 10:08:56 AM
	2 Recommendations of 357270

Another feather in the big guys cap... Rubes rejoice. Carter's Clothing Store To Close 150 Stores, Blames Trump's Policies 150 stores will close hundreds of positions will be cut after an 80% profit drop. By Red Painter — October 30, 2025 Yet another large American retailer - and iconic children's clothing company - is suffering huge losses due to Donald Trump's horrific economic policies. This time it is Carter's, the company behind OshKosh, Otter Avenue, Skip Hop and Carter's. They are closing 150 stores and conducting large scale mass layoffs of staff - and they are blaming Donald Trump's policies in part. Initially, they planned to close 100 stores, but that number rose to 150 recently. They said that tariffs were "largely to blame" for it's financial downfall, which is forcing them to take dramatic cost-cutting steps to save the company. Profits fell last quarters to $11.6 million. That is 80 percent LESS than the same quarter in 2024. Shocking. crooksandliars.com

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