UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
FORM
8-K
CURRENT
REPORT
PURSUANT
TO SECTION 13 OR 15 (d)
OF
THE SECURITIES EXCHANGE ACT OF 1934
|
Date
of Report (date of earliest event reported)
|
September
26, 2006
|
THE
CHILDREN'S PLACE RETAIL STORES, INC.
|
(Exact
name of registrant as specified in its charter)
|
|
DELAWARE
(State
or other jurisdiction of
incorporation)
|
0-23071
(Commission
File
Number)
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31-1241495
(IRS
Employer ID Number)
|
|
915
Secaucus Road, Secaucus, New Jersey
|
07094
|
|
(Address
of principal executive offices)
|
(Zip
Code)
|
|
Registrant's
Telephone Number, including area code:
|
(201)
558-2400
|
|
Not
Applicable
|
|
(Former
name or former address, if changed since last report)
|
Check
the appropriate box below if the Form 8-K filing is intended to simultaneously
satisfy the filing obligation of the registrant under any of the following
provisions:
|
o
|
Written
communications pursuant to Rule 425 under the Securities Act (17
CFR
230.425)
|
|
o
|
Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)
|
|
o
|
Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17
CFR
240.14d-2(b))
|
|
o
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Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17
CFR
240.13e-4(c))
|
On
September 26, 2006, The Children’s Place Retail Stores, Inc. announced that
representatives
from the Company attended a ground breaking ceremony for the Company’s
new 700,000 square foot automated distribution center in Fort Payne, Alabama.
A
copy of
the Company’s press release is attached hereto as
Exhibit 99.1.
Item
9.01 Financial Statements and Exhibits
| (a) |
Financial
Statements of Business Acquired: Not
applicable
|
| (b) |
Pro
Forma Financial Information: Not
applicable
|
| (c) |
Exhibits:
|
| 99.1 |
Press
Release dated September 26, 2006.
|
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended,
the Registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
|
THE
CHILDREN'S PLACE RETAIL STORES, INC.
By:
/s/ Susan
Riley
Name:
Susan
Riley
Title:
Senior Vice President, Chief Financial
Officer
|
FOR
IMMEDIATE RELEASE
THE
CHILDREN’S PLACE RETAIL STORES, INC. TO BUILD NEW 700,000 SQUARE FOOT
DISTRIBUTION CENTER IN FORT PAYNE, ALABAMA
Secaucus,
New Jersey - September 26, 2006 - The Children’s Place Retail Stores, Inc.
(Nasdaq: PLCE)
announced that representatives from the Company attended a ground breaking
ceremony today for its new 700,000 square foot automated distribution center
in
Fort Payne, Alabama. The Company expects the construction phase of its new
facility to take approximately one year.
The
Company continues to implement its store expansion initiatives and its increased
presence in the southern states has been met with strong customer demand.
The
new distribution center will effectively service that region and increase
overall distribution efficiencies.
“We
are
delighted to have chosen Fort Payne for the site of our new distribution
center,” said Mark Rose, Senior Vice President, Chief Supply Chain Officer. “We
look forward to a great new team and facility playing a critical role in
our
distribution network.”
Governor
Robert Riley added, “I am extremely pleased that The Children’s Place has chosen
Alabama for a substantial new distribution center and believe it is a testament
to the many business advantages that our state offers expanding companies.
With
approximately 250 new jobs coming to DeKalb County as a result of this new
facility, this project is very positive news for the region. We welcome The
Children’s Place to Alabama.”
The
Company currently has three distribution centers: Ontario, California; Dayton,
New Jersey; and Ontario, Canada.
The
Children's Place Retail Stores, Inc. is a leading specialty retailer of
children's merchandise. The Company designs, contracts to manufacture and
sells
high-quality, value-priced merchandise under the proprietary "The Children's
Place" and licensed "Disney Store" brand names. As of August 26, 2006, the
Company owned and operated 827 The Children's Place stores and 325 Disney
Stores
in North America and The Children's Place online store at www.childrensplace.com.
This
press release may contain certain forward-looking statements regarding future
circumstances. These forward-looking statements are based upon the Company’s
current expectations and assumptions and are subject to various risks and
uncertainties that could cause actual results to differ materially from those
contemplated in such forward-looking statements including, in particular,
the
risks and uncertainties described in the Company’s filings with the Securities
and Exchange Commission. Actual
results, events, and performance may differ. Readers are cautioned not to
place
undue reliance on these forward-looking statements, which speak only as of
the
date hereof. We undertake no obligation to release publicly any revisions
to
these forward-looking statements that may be made to reflect events or
circumstances after the date hereof or to reflect the occurrence of
unanticipated events. The inclusion of any statement in this release does
not
constitute an admission by The Children's Place or any other person that
the
events or circumstances described in such statement are
material.
|
Contact:
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The
Children's Place Retail Stores, Inc.
|
|
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Susan
LaBar, Manager Investor Relations
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(201)
453-6955
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|
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Andrea
McClarren, Manager Public Relations
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(201)
558-2316
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Contact:
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Governor
Riley’s Office
|
|
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Jeff
Emerson, Communications Director
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(334)
242-7150
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