We are sad about this one. The Children’s Place is preparing to close 300 stores permanently starting with many of its mall-based outposts over the next 20 months. About 200 locations are scheduled to shut down by the end of the fiscal year, and another 100 units are scheduled to close in 2021 fiscal year.
There are currently 920 stores and plan to have about 625 after closures. Majority (95%) of its stores have been closed since mid March but there are plans to reopen some stores beginning June 16. There will be liquidation sales in select locations set to close in the next six weeks. No word on which locations just yet but we will keep you posted.
Exciting News: We are now on Telegram and BAND
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