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The Children's Place files for bankruptcy protection: Sales begin and closings loom

The Children's Place files for bankruptcy protection: Sales begin and closings loom
Photo: NBC Los Angeles (KNBC) · view original

Kids apparel retailer the Children’s Place has filed for bankruptcy protection and expects to close some stores as it searches for new ownership. The company, which also owns the Gymboree brand, filed for Chapter 11 on Sunday in the U.S. Bankruptcy Court of New Jersey. As part of the process, the...

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