The latest report from The Children’s Place is a positive sign that not all children’s retailers are created equal. The Children’s Place closed seven stores in the quarter and hadn’t opened any, yet it lifted guidance. Elfers continued, “Gymboree’s recent bankruptcy, and the liquidation of 330 of their stores, presents a market share opportunity for The Children’s Place. Meanwhile, The Children’s Place managed to be a “consistent performer,” according to Gellert, in a segment of the retail sector that isn't going anywhere anytime soon. RapidRatings isn’t the only firm that sees strength at The Children’s Place.

Source: Forbes August 15, 2017 01:52 UTC