Shoppers could lose some of their local The Children’s Place stores – including one in Dawsonville – as the struggling children’s clothing retailer seeks bankruptcy protection and searches for a buyer to keep the nearly 60-year-old chain in business, according to patch.com.
The retailer has 22 locations in Georgia. Although the company says some closures are unavoidable, it has not identified which Georgia locations will close.
In New Jersey, where The Children’s Place is headquartered in Secaucus, the outlook is more definitive. The retailer plans to close all 24 of its New Jersey stores, according to a state-required layoff notice filed Nov. 6. The closures will put approximately 732 employees out of work, Patch reported. The fate of more than 500 stores in 43 other states remains uncertain.