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Get 15% off at the Children's Place now until Tuesday, Mar. 16. Valid in stores and online and on sale and regular-priced items. Print the coupon before going to the store. Online use code SPRING12A.
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Nike, Inc. announced plans to shift towards e-commerce and decrease its retail partners from 30,000 to 40. [206] Nine West filed for bankruptcy on April 6, 2018. It closed all 70 of its retail stores, shifting to online only. [207] Nordstrom was unable to go private in 2017 due to the retail apocalypse. [208]
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The Children's Place in Manhattan (now closed) The company was founded in 1969. It was acquired by Federated Department Stores in 1981. After Campeau Corporation acquired Federated, they sold The Children's Place to a group led by Joseph Sitt in 1988. They became publicly traded on the NASDAQ exchange in 1997 under the ticker symbol PLCE.
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Margins matter. The more Children's Place Retail Stores (NAS: PLCE) keeps of each buck it earns in revenue, the more money it has to invest in growth, fund new strategic plans, or (gasp ...
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