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The Children's Place, Inc. Message Board

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  • bluecheese4u bluecheese4u Mar 20, 2008 9:24 AM Flag

    The Children's Place Retail Stores, Inc. Announces Fiscal 2007 4Q & Full Year Financial Results

    Disney in talks to buy part of chain from Children's Place




    By Michelle Donley
    Last update: 7:23 a.m. EDT March 20, 2008

    NEW YORK (MarketWatch) -- The Walt Disney Co
    DIS 31.24, -0.48, -1.5%) said Thursday that it's in advanced talks with Children's Place Retail

    PLCE 19.60, -1.17, -5.6%) about buying part of the Disney Store chain in North America. The Burbank, Calif.-based entertainment giant said it believes the retail stores could extend its brand and, with a smaller footprint, add value to the company. Children's Place has a long-term license agreement to operate the Disney Store retail chain in North America, and the retailer said in January that it is reviewing its strategic options, including a long-term strategy to realize the "full potential" for the Disney Store brand


    http://www.marketwatch.com/News/Story/Story.aspx?guid=%7b0B299C48-C195-48A9-8262-76775F22740A%7d&siteid=yhoo&dist=yhoo

 
PLCE
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