The Children’s Place to close 300 mall-based stores

The Children’s Place Inc. is set to shutter 300 stores for good. During its first-quarter earnings call, the company announced plans to permanently close many of its mall-based outposts over the next 20 months. About 200 locations are scheduled to shut down by the end of the fiscal year, and another 100 units are anticipated to shutter in the 2021 fiscal year. Read the Footwear News story here

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