One reason Children’s Place is filing for bankruptcy? Not enough children.
Summary
Children’s Place has filed for bankruptcy amid declining birth rates, although falling birth numbers are not the sole cause of the retailer's financial trouble. The company faces additional unnamed challenges leading to its current restructuring process.
The chain has been contending with falling birth rates, cautious consumers, stiff competition and $881 million in debt.
Source: Read the full story at MarketWatch.com - Top Stories
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