The Children's Place Announces Participation in the 16th Annual ICR XChange Conference

January 2, 2014

SECAUCUS, N.J., Jan. 2, 2014 (GLOBE NEWSWIRE) -- The Children's Place Retail Stores, Inc. (Nasdaq:PLCE), the largest pure-play children's specialty apparel retailer in North America, today announced that Jane Elfers, President and Chief Executive Officer, and Michael Scarpa, Chief Operating Officer and Chief Financial Officer, will present at the 16th Annual ICR XChange Conference being held at the Grande Lakes Resort in Orlando, Florida on Monday, January 13, 2014 at 2:00 p.m. Eastern Time.

Investors and interested parties may listen to the live webcast of this presentation at http://investor.childrensplace.com. An archived replay will be available one hour after the conclusion of the live event and will remain available for replay through Monday, January 20, 2014.

About The Children's Place Retail Stores, Inc.

The Children's Place is the largest pure-play children's specialty apparel retailer in North America. The Company designs, contracts to manufacture and sells fashionable, high-quality merchandise at value prices, primarily under the proprietary "The Children's Place," "Place" and "Baby Place" brand names. As of November 2, 2013, the Company operated 1,123 stores and an online store at www.childrensplace.com.

Forward Looking Statements

The above referenced presentation may contain certain forward-looking statements regarding future circumstances, including statements relating to the Company's positioning and forecasts regarding earnings per diluted share. 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 and performance to differ materially. Some of these risks and uncertainties are described in the Company's filings with the Securities and Exchange Commission, including in the "Risk Factors" section of its annual report on Form 10-K for the fiscal year ended February 2, 2013. Included among the risks and uncertainties that could cause actual results and performance to differ materially are the risk that the Company will be unsuccessful in gauging fashion trends and changing consumer preferences, the risks resulting from the highly competitive nature of the Company's business and its dependence on consumer spending patterns, which may be affected by the continued weakness in the economy or by other factors such as increases in the cost of gasoline and food, the risk that the cost of raw materials or energy prices will increase beyond current expectations or that the Company is unable to offset cost increases through value engineering or price increases, and the uncertainty of weather patterns. Listeners are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date they were made. The Company undertakes no obligation to publicly release any revision to these forward-looking statements to reflect subsequent events or circumstances.

CONTACT: Jane Singer
         Vice President, Investor Relations
         (201) 453-6955
Children's Place Retail Stores, Inc.
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