Children’s Place Seeks Buyer in Bankruptcy After Heavy Losses

WHO:

Inc - The Children’s Place is the retailer involved.

Inc - Walmart and Amazon are identified as online-store competitors putting pressure on the retailer.

NY Post - The Children’s Place and Gymboree are the brands included in the company’s sale options.

WHAT:

Inc - The Children’s Place filed for bankruptcy after 57 years.

NY Post - The Children’s Place filed for bankruptcy after suffering big losses.

NY Post - The company is soliciting proposals to sell substantially all its assets, sell the Children’s Place and Gymboree brands, or potentially liquidate.

WHERE:

NY Post - The company is based in Secaucus, New Jersey.

WHY:

Inc - Experts said the retailer faced pressure from online stores such as Walmart and Amazon.

Inc - Debt was not the retailer’s only problem.

NY Post - The company’s bankruptcy filing followed big losses.

HOW:

NY Post - The company is seeking a buyer by soliciting proposals for asset or brand sales, while also considering liquidation.

(UPDATED November 9, 2026 19:09 UTC)

The Children’s Place filed for bankruptcy after 57 years, following major losses. Online competition from Walmart and Amazon added pressure on the struggling retailer. The company is seeking buyers for its assets or brands, while considering liquidation.