Retail Satire
Children's Place Files For Bankruptcy, Seeks Grown-Up
The kids' apparel chain filed for Chapter 11 and hopes to sell itself by year-end. Bids are due Dec. 9.
Based on real news: The Children’s Place, in search of new ownership, files for bankruptcy (Retail Dive)
SECAUCUS, N.J.—The Children's Place filed for Chapter 11 on Sunday in New Jersey and aims to sell itself by the end of the year, with bids due Dec. 9, Retail Dive reported. Its roughly 500 stores and website remain open; store-closing sales began last week. The company has received nine proposals, none currently actionable.
A fictional store manager in Paramus said she has asked the 4T rack to be on its best behavior for the buyers.
A fictional store manager in Paramus said she has asked the 4T rack to be on its best behavior for the buyers. It has already outgrown that.
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Riffing on: The Children’s Place, in search of new ownership, files for bankruptcy, Retail Dive