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News Breaks | | | | October 11, 2012 | | 09:04 EDT |  | CRI | Carter's to consolidate connecticut-based operations in Atlanta, Georgia
Carter’s announced plans to consolidate its retail store and financial operations currently managed in its Shelton, Connecticut facility with the company’s Atlanta, Georgia-based operations. The company is evaluating its long-term space needs in the Atlanta area and expects to complete this consolidation by the end of 2013. Approximately 200 new jobs are expected to be created in Atlanta. The company anticipates pre-tax consolidation-related expenses in the range of $35M-$40M over the next 12 to 18 months. The expected costs relate to recruiting, relocation, and severance costs and facility-related charges. | |
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News For CRI From The Last 14 Days Check below for free stories on CRI the last two weeks. |
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| May 20, 2013 | | 16:27 EDT | | CRI | Tiger Global Management reports 6.75% passive stake in Carter's
 Subscribe for More Information | | | May 9, 2013 | | 17:56 EDT | | CRI | Carter's announces $300M share repurchase plan, initiates quarterly dividend
Subscribe for More Information | | | May 8, 2013 | | 10:00 EDT |  | CRI | On The Fly: Analyst Initiation Summary
Subscribe for More Information | | | 05:39 EDT | | CRI | Carter's initiated with a Neutral at Piper Jaffray
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