he Children’s Place Retail Stores, Inc., is a leading specialty retailer of children’s merchandise, ages newborn to ten years old. 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 October 28, 2006, the Company owned and operated 851 The Children’s Place stores and 331 Disney Stores in North America and its online store, www.childrensplace.com.