The Children's Place

As part of a shift from a traditional store concept into a digital-first business, The Children’s Place has permanently closed more than 700 locations in the past decade.
Apr 8, 2025

Ralph Lauren vet joins The Children’s Place as CFO

As part of a strategy shift, the retailer has made changes across its leadership teams as it looks to cut costs and pay down debt.

The Children’s Place opened its first Gymboree store at Westfield Garden State Plaza in Paramus on Nov. 20, 2024.
Nov 22, 2024

Gymboree stages comeback at Westfield Garden State Plaza (photos)

The children's apparel retailer went out of business five years ago and was later acquired by Secaucus-based The Children’s Place for $76 million.

As part of its fleet optimization strategy, The Children’s Place permanently closed more than 700 stores, leaving it with roughly 500 locations in the U.S., Canada and Puerto Rico.
May 22, 2024

The Children’s Place longtime CEO departs

After leading the retailer for more than a decade, Jane Elfers will receive $3.75 million lump sum payment as part of her separation agreement.

As part of a shift from a traditional store concept into a digital-first business, The Children’s Place has permanently closed more than 700 locations in the past decade.
Apr 19, 2024

The Children’s Place receives $90M loan from Saudi investor

The Secaucus-based retailer said the financing will help repay an existing $50 million loan, reduce account payable balances with vendors and other general corporate purposes.

As part of its fleet optimization strategy, The Children’s Place permanently closed more than 700 stores, leaving it with roughly 500 locations in the U.S., Canada and Puerto Rico.
Mar 12, 2024

The Children’s Place receives $48.6M more from new owner (updated)

The funds are part of a deal whereby majority shareholder Mithaq Capital would inject $78.6 million into the Secaucus-based children’s specialty retailer.

500 Plaza Drive in Secaucus is a 466,496-square-foot office property managed by Manulife Investment Management for Manulife US REIT. - PROVIDED BY JLL
Mar 5, 2024

The Children’s Place reverses, re-signs for Secaucus HQ

After moving to exit its lease, the embattled apparel retailer will occupy a smaller footprint at the Harmon Meadow building, JLL exclusively told NJBIZ March 5.

As part of a shift from a traditional store concept into a digital-first business, The Children’s Place has permanently closed more than 700 locations in the past decade.
Mar 1, 2024

The Children’s Place secures $78.6M loan from new owners

The funds come about two weeks after Saudi Arabia-based Mithaq Capital snapped up a 54% controlling stake in the Secaucus-based company.

As part of a shift from a traditional store concept into a digital-first business, The Children’s Place has permanently closed more than 700 locations in the past decade.
Feb 16, 2024

The Children’s Place gets $130M lifeline (updated)

The loan comes a day after the retailer informed shareholders that a Saudi Arabian investor group took a 54% controlling stake in the company.

As part of its fleet optimization strategy, The Children’s Place permanently closed more than 700 stores, leaving it with roughly 500 locations in the U.S., Canada and Puerto Rico.
Feb 15, 2024

Investor group takes majority stake in The Children’s Place (updated)

The move comes less than a week after the apparel retailer issued a profit warning and said it was working to secure cash.

The Children’s Place launched the second of its three-part Holiday 2023 Campaign in partnership with Snoop Dogg and his family.
Oct 6, 2023

NJ companies’ seasonal campaigns include boy band stars, rappers (updated)

The Children's Place and Mondelez-owned Halls are calling in some of pop's biggest names, including Snoop Dogg, Latto, and a Dad Band featuring members of Backstreet Boys, NSYNC and Boys II Men.

The Children's Place, Upper East Side, New York City
Aug 2, 2023

The Children’s Place CFO adds COO title (updated)

After less than a year as chief financial officer, Sheamus Toal is taking on more responsibility with the Secaucus-based company.

The Children's Place, Upper East Side, New York City
Jul 3, 2023

The Children’s Place plans to lay off 17% of workforce

The retailer will terminate its Hudson County headquarters lease early, as well.