Store Closures 2019: Children’s Place To Close 40 To 45 Stores By Year-End
May 17, 2019
After purchasing the rights to Gymboree and Crazy 8 for $75 million back in March, Children’s Place (PLCE) said it plans to close 40 to 45 stores while it opens another 25 locations. The announcement from the retailer came during its first-quarter earnings call on Wednesday.