Children's Place Files for Chapter 11 in New Jersey; Stores and Website Stay Open
SECAUCUS, N.J. — Children's Place, the children's clothing retailer headquartered in Secaucus, Hudson County, New Jersey, filed for Chapter 11 bankruptcy protection in New Jersey federal bankruptcy court on November 8, under case number 26-22682. The company said it will seek a sale of substantially all of its assets under court supervision while all stores and its e-commerce site continue operating as usual.
Interested bidders must submit offers by December 9, 2026, and the company expects the court-supervised sale process to conclude by the end of December. The filing estimates both consolidated assets and liabilities at between $500 million and $1 billion, an estimate made at the time of filing. Children's Place is a well-known U.S. children's apparel chain with stores nationwide and online sales. The company said operations will continue normally during the case, including employee pay, with the sale outcome subject to the court process.
Source: JBizNews
Published by GSM · USA (original Chinese edition)
Photo: Children's Place 门店（资料图）。（经 Wikimedia Commons）
