Two hundred stores will close this year, and another 100 in 2021. Joining several other retailers, The Children's Place is the latest company to announce mass store closings. The kids' apparel company ...
The Children’s Place, which days ago said it was scrambling to shore up its finances and may pursue “strategic alternatives,” may get a reprieve. The retailer has accepted new majority-investor Mithaq ...
In the past couple of years, Children’s Place has been trying to stay afloat by cutting, raising capital and also welcoming a new CEO to turn the company around. ・The Children’s Place named Muhammad ...
The Children's Place, Inc. has struggled immensely from a weak consumer, the company's weak profitability, and high debt, leading to very rapid store closures and a shifting focus to ecommerce. The ...
Children’s apparel retailer The Children’s Place — seen in malls across the nation — is cutting 17% of its workforce, with 138 employees to be axed effective tomorrow, July 14. In addition, the ...
The leadership transition comes shortly after The Children’s Place announced its Q4 and full-year performance. For the full year, net sales fell 6.2% to $1.6 billion, down from about $1.7 billion a ...
Children's Place released Q4 2024 results unexpectedly on a Friday; strange timing after a tumultuous week for investors. Despite a 10% sales decline, profitability has improved significantly under ...
Forbes contributors publish independent expert analyses and insights. I write about retail and the forces that are redefining shopping. The Children’s Place isn’t just for kids anymore. While the ...
(WHTM) — The Children’s Place has recalled two styles of baby and toddler jeans due to a choking hazard. The recall includes Baby and Toddler Boy Basic Stretch Straight Leg Jeans sold in sizes 6-9M to ...