Children's Place posts flat Feb. comps

SECAUCUS, N.J. The Children's Place Retail Stores announced net sales of $110.4 million for the four-week period ended Feb. 28, a 1% decrease compared to net sales of $111.4 million for the four-week period ended March 1, 2008.

Consolidated comparable-retail sales for February were flat on top of a 9% increase in February 2008. U.S. comparable-store sales declined 3% for the fiscal month of February 2009 on top of an 8% increase for the same period last year.