Place has been in the right place at the right time more than once in
the past year. When rival Gymboree went bankrupt last year and closed
hundreds of stores, Children's Place was only too happy to step in and
fill the gap.
The retailer had stores open in more than half of
the shopping centers where Gymboree has closed 326 of its stores, CEO
Jane Elfers told analysts in March, according to a Seeking Alpha
transcript of the call. . . . more