The Children’s Place to Close 300 Stores – Liquidation Sales Will Begin Soon
The Children’s Place has announced plans to close 300 stores nationwide over the next two years after losses tied to the COVID-19 pandemic. The company also sites it’s desire to move…
The Children’s Place has announced plans to close 300 stores nationwide over the next two years after losses tied to the COVID-19 pandemic. The company also sites it's desire to move away from brick and mortar stores since e-commerce has been on the rise.
Around 200 stores are expected to be closed by the end of 2020. Another 100 are set to close in 2021.
Mike Scarpa, who is The Children's Place's chief financial officer and chief operating officer, says the company will hold liquidation sales at 50 locations within the next six weeks.
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Jackson Blue has been on Boston airwaves for over 20 years. He is a foodie family person with a passion for having fun forever. Jackson likes to write about food, restaurants, Massachusetts and Boston happenings.
