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The Children’s Place Prepares for Possible Bankruptcy Filing

The report cited mounting debt, while the company’s quarterly filing reported lower customer traffic.

Updated 1 min read
Children's clothing fills a mall storefront in Secaucus, New Jersey, under afternoon light. / EconoTimes.ai
Children's clothing fills a mall storefront in Secaucus, New Jersey, under afternoon light. / EconoTimes.ai

Debtwire reported that The Children’s Place is preparing for a possible bankruptcy filing, citing people familiar with the matter, while the retailer’s latest quarterly filing reported lower customer traffic.

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