Profile: Childrens Place Inc (PLCE.OQ)
21 Feb 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).
The Company operates a total of over 1,070 The Children's Place stores in the United States, Canada and Puerto Rico, and its store at www.childrensplace.com. The Company has approximately 660 stores located in malls, over 230 in strip centers, approximately 140 in outlet centers and over 40 in street locations. 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