Profile: Childrens Place Inc (PLCE.OQ)
26 May 2017
The Children's Place, Inc. (The Children's Place), incorporated on June 3, 1988, is a pure-play children's specialty apparel retailer in North America. The Company sells apparel, accessories, footwear and other items for children. The Company operates through two segments: The Children's Place U.S. and The Children's Place International. The Children's Place U.S. segment includes the United States and Puerto Rico-based stores and revenue from the United States-based wholesale customers. The Children's Place International segment includes its Canadian-based stores, revenue from the Company's Canada wholesale customer, as well as revenue from international franchisees. The Company designs, contracts to manufacture and licenses to sell merchandise under brand names, such as The Children's Place, Place and Baby Place. The Children's Place has various departments and serves the wardrobe needs of girls and boys (sizes 4 to 14), toddler girls and boys (sizes 12 months to 5T), and baby (sizes 0 to 18 months).
As of January 28, 2017, the Company operated a total of 1,039 The Children's Place stores in the United States, Canada and Puerto Rico, most of which are clustered in and around major metropolitan areas and its stores at www.childrensplace.com. As of January 28, 2017, it operated 644 stores located in malls, 219 in strip centers, 135 in outlet centers, and 41 in street locations. As of January 28, 2017, in addition, its six international partners operated 150 international points of distribution in 17 countries. At The Children's Place, its store concepts consist of Tech2, Apple-Maple, Technicolor and Outlet formats. The Company's U.S and International segments each include an e-commerce business located at www.childrensplace.com. The Company promotes customer loyalty through a loyalty rewards program called MyPLACE Rewards. In the United States, the Company owns and operates over 700,000 square foot distribution center in Alabama, which supports both the United States retail store operations and the United States e-commerce operations. In Canada, the Company operates over 95,000 square foot distribution center in Ontario for its Canadian retail store operations.
The Company competes with Target Corporation, The Gap, Inc., The Gymboree Corporation, The Ascena Retail Group, Inc., Carter's, Inc., J.C. Penney Company, Inc., Kohl's Corporation and Walmart Stores, Inc.
Childrens Place Inc
500 Plaza Dr
SECAUCUS NJ 07094-3619