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Children’s Place files for bankruptcy protection, seeks buyer
The Children’s Place has filed for Chapter 11 bankruptcy protection and is seeking a buyer for substantially all its assets. The sale process comes after years of financial pressure, including higher tariffs and weaker consumer spending, and leaves the future of the retailer and its brands uncertain.
The company is inviting offers by 9 December and aims to complete a deal by the end of the month. Its stores and websites remain open while it seeks court approval to continue inventory sales. The filing lists about $742 million in assets and $881 million in debts; net sales fell nearly 19% year on year in its second fiscal quarter of 2026. It operates 514 North American stores and has distribution in 13 countries.
In short
- The Children’s Place filed for Chapter 11 and is seeking a buyer.
- It reported $742 million in assets and $881 million in debts.
- Stores and websites remain open during the sale process.