Children’s Place files for bankruptcy protection, seeks buyer
Retailer's performance has taken a hit from tariff hikes and slower consumer spending
Children's clothing retailer The Children's Place has filed for Chapter 11 bankruptcy protection, the company announced Sunday, and is seeking a buyer for substantially all its assets. The retailer, which operates 514 stores in North America and has distribution in 13 countries through franchise and wholesale partners, said its stores and e-commerce sites remain open for now.