The Children's Place Retail Stores, Inc. to Broadcast Review of July Sales

SECAUCUS, N.J.--(Business Wire)--
The Children's Place Retail Stores, Inc. (NASDAQ:PLCE) today
announced that in conjunction with its July sales release, you are
invited to listen to the Company's pre-recorded monthly sales call on
Thursday, August 7, 2008, beginning at 7:30 a.m. Eastern Time.

To access the call, please visit the Investor Relations section of
the Company's website at:

http://www.childrensplace.com

or dial (402) 220-2567

An online archive of the broadcast will be available through
Thursday, August 14, 2008.

The Children's Place Retail Stores, Inc. is a leading specialty
retailer of children's merchandise. The Company designs, contracts to
manufacture and sells high-quality, value-priced merchandise under the
proprietary "The Children's Place" brand name. As of July 5, 2008, the
Company owned and operated 903 stores and its online store at
www.childrensplace.com.

This press release and above referenced call may contain certain
forward-looking statements regarding future circumstances. These
forward-looking statements are based upon the Company's current
expectations and assumptions and are subject to various risks and
uncertainties that could cause actual results to differ materially.
Some of these risks and uncertainties are described in the Company's
filings with the Securities and Exchange Commission, including in the
"Risk Factors" section of its report on Form 10-K. The following risks
and uncertainties could cause actual results, events and performance
to differ materially: the risk that the Company will be unsuccessful
in gauging fashion trends and changing consumer preferences, the risk
resulting from the highly competitive nature of the Company's business
and its dependence on consumer spending patterns, which may be
affected by the downturn in the economy, and risks and uncertainties
relating to other elements of the Company's strategic review. Readers
(or listeners on the call) are cautioned not to place undue reliance
on these forward-looking statements, which speak only as of the date
they were made. The Company undertakes no obligation to release
publicly any revisions to these forward-looking statements that may be
made to reflect events or circumstances after the date hereof or to
reflect the occurrence of unanticipated events. The inclusion of any
statement in this release does not constitute an admission by the
Company or any other person that the events or circumstances described
in such statement are material.

The Children's Place Retail Stores, Inc.
Jane Singer, Vice President, Investor Relations,
201-453-6955

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