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The Children's Place Will Shrink by 100 Stores

SECAUCUS, NJ-The Children's Place clothing chain will close 100 stores in the next four months and maybe another 70 next year, despite having a good 2nd quarter.

By Antoinette Martin | Updated on August 22, 2013

SECAUCUS, NJ-While New Jersey-based Toys “R” Us said last week it plans to open 100 stores over the next year, The Children’s Place kids’ clothing company based here said Thursday it may close 170 stores over the next few years.

During an earnings call, Children’s Place executives said 100 under-performing locations will definitely be closed by 2016. No sites were specified, but executives said they were talking about oversized stores in shopping malls, mostly in the United States.  

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