The Children’s Place has filed for bankruptcy and is pursuing a sale of substantially all its assets, putting the future of 22 Georgia stores in question. The available details do not identify the locations or say whether any are expected to close.
The company filed its bankruptcy petition Nov. 8. In a press release, it said it is seeking a sale intended to maximize the value of its assets.
Bids are due Dec. 9. The company’s stated goal is to complete a sale by the end of the year.
Yolonda Harris
News Now Georgia
