Children’s Place Files for Chapter 11 Bankruptcy, Pursues Asset Sale
The children’s specialty retailer said stores and e-commerce sites remain open as it holds talks with multiple parties about potential transactions.
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Clothing retailer Children's Place files for bankruptcy, to seek sale
By Colin KellaherChildren's Place has filed for chapter 11 bankruptcy, as the children's specialty retailer pursues a sale of its assets.Children's Place on Sunday said its stores and e-commerce sites remain open, and that it is holding talks with multiple parties regarding potential transactions…