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Children's Place

  • The Children's Place adds Amex exec to board

    The Children's Place has added Susan Sobbott to its board of directors as a Class II director to serve for a three-year term.

  • Children’s Place net income, sales fall in Q1; to expand in Latin America

    Secaucus, N.J. – The Children’s Place Retail Stores Inc. saw net income and sales fall during the first quarter of fiscal 2014, compared to the same quarter a year earlier. The company plans to open 25 new North American stores, 10 fewer than originally planned, and close 35 stores for a net reduction of 10 stores during the fiscal year.

  • Sainsbury's selects Quantum to optimize inventory

    Leading United Kingdom retailer Sainsbury's has chosen the software and services of Quantum Retail Technology to optimize its fashion and general merchandise inventory through improved allocation and replenishment functionality.

  • Walmart awards TCP 2013 Hardware/Paint Supplier of the Year

    Walmart has named Technical Consumer Products as a 2013 Hardware/Paint Supplier of the Year in appreciation for the company’s support, outstanding contributions and overall operational fulfillment.

    TCP, a leader in energy efficient lighting innovations, currently supplies more than 50 lighting products to Walmart, including LED and CFL light bulbs. Walmart has honored TCP with seven awards for supplier excellence in less than three years.

  • The Children’s Place to SkyView Center in Queens, N.Y.

    Queens, N.Y. — The Children’s Place has leased a 3,799-sq.-ft. space near other child focused retailers at The Shops at SkyView Center in the Flushing neighborhood of Queens, N.Y. The retailer plans to open in May.

  • EBay plans automated Canada fulfillment center

    San Jose, Calif. -- EBay Enterprise, an EBay company, will open a new fulfillment center in Ontario, Canada, in second quarter 2014. The new 150,000-sq.-ft. facility will support client growth, including The Children’s Place, which recently signed a new multiyear agreement with EBay Enterprise.

  • eBay grows Canada footprint

    eBay Enterprise plans to open a new fulfillment center in Ontario, Canada, in second quarter 2014. The new 150,000-sq.-ft. facility will support client growth, including The Children’s Place, which recently signed a new multi-year agreement with the company.

  • Children’s Place Q4 earnings drop; to rename company

    Secaucus, N.J. -- The Children’s Place Retail Stores Thursday reported lower profit for the fourth-quarter amid intense promotions and severe storms. The retailer also said it is renaming the company.

    Net earnings in the fourth quarter, ended Feb.1, fell 18% to $15.7 million, from $19.1 million in the year-ago period, which had an extra week.

    Net sales in the quarter totaled $467.5 million, down from $509.2 million in the year-ago period. Same-store sales declined 4.3%.


  • Mother Nature takes bite out of Children’s Place's Q4

    The Children’s Place is the latest retailer to say heavy promotions and bad weather hurt its fourth-quarter results.

    The company’s net earnings in the quarter ended Feb. 1 dropped 18% to $15.7 million, from $19.1 million in the year-ago period, which had an extra week. It reported net sales of $467.5 million for the quarter, down from $509.2 million in the year-ago period. Same-store sales declined 4.3%.

  • Lexy takes larger space at Moreno Valley, Calif., center

    Syracuse, N.Y. — Junior fashion retailer, Lexy, has expanded into a new 3,098-sq.-ft. store at Moreno Valley Mall in Moreno Valley, Calif. The new store opened on Feb. 14.

    Managed by Spinoso Real Estate Group, the center is home to 130 stores and restaurants including a number of new arrivals. Crunch Fitness recently moved into a 20,000-sq.-ft space. Junior fashion retailer, Image, opened in December 2013.

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