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The Children's Place

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The Children’s Place
Company typePublic (NASDAQ:PLCE)
IndustryApparel
FoundedIn 1969
HeadquartersSecaucus, New Jersey
Key people
Ezra Dabah, CEO
Neal Goldberg, President
ProductsChildren’s apparel, accessories, toys and plush
Revenue$1.67 bill. (FY2006 net)
Total assets27,913,403 United States dollar (2022) Edit this on Wikidata
Number of employees
5,000 full-time
Websitehttp://www.childrensplace.com

The Children’s Place Retail Stores, Inc. (TCP) is a specialty retailer of children’s apparel and accessories for children from newborn to age ten.[1] It was founded in 1989. They became publicly traded on the NASDAQ exchange in 1997 under the ticker symbol PLCE. The Children’s Place is headquartered in Secaucus, New Jersey and currently has 5,000 full-time employees.[2] The company owns and operates the Children’s Place stores, as well as Disney Stores – which they acquired in late 2004. Fiscal 2005 marked the first full year The Children's Place had managed the Disney Store. As of June 2007, the company owned and operated 872 The Children's Place stores and 328 Disney Stores throughout North America, Canada, and Puerto Rico.

The Children’s Place designs, contracts to manufacture, and sells high-quality, value-priced products under ‘The Children’s Place’ and ‘Disney Store’ brand names. The merchandising objective of the brand is to offer a unique, colorful, coordinated and balanced lifestyle assortment of high quality, basic and fashion merchandise, at prices that represent substantial value to their customers. Each Children’s Place store is divided into five sections, serving the needs of specific size ranges. These are: Big Girls and Big Boys (4-14), Baby Girls and Baby Boys (6 months-4T), and Newborn (0-12 months).

File:Tcpstorefront.jpg
Storefront of a The Children’s Place store.

Most The Children’s Place stores are located in and around regional malls, but also include some strip centers, outlets, and street stores. Almost all the Disney Store locations are within regional malls. The majority of their stores are small, traditional mall stores, although some Children's Place outlets are in a big box format.


References

  1. ^ The Children's Place, http://www.childrensplace.com
  2. ^ Yahoo Finance - PLCE Profile, http://finance.yahoo.com/q/pr?s=PLCE