The Children’s Place is closing stores, joins list of struggling retailers to file for bankruptcy in 2026

The Children’s Place (Nasdaq: PLCE), a popular children’s clothing retailer with around 500 locations, has announced it is filing for bankruptcy. The news comes as the company has struggled for years with declining sales and higher costs—not to mention a falling stock price. Yet, for now at least, the company says it plans to keep operating if possible, while also noting that some of its stores will close. Here’s what you need to know. What’s happened? This week, The Children&#82...