SECAUCUS, N.J.--(BUSINESS WIRE)--July 18, 2005--The Children's Place Retail Stores, Inc. (Nasdaq: PLCE), today announced that Nina Miner, 56, has been named Chief Creative Officer for The Children's Place brand. In this capacity, Ms. Miner will be responsible for delivering one consistent brand message to consumers. In addition to design and trend development, Ms. Miner will now oversee creative services and visual merchandising. Brian Kleinberg, Senior Vice President of Marketing, will continue to steer the Company's overall marketing strategy and to execute programs that build long-term brand equity, customer loyalty and drive customer traffic. Both Ms. Miner and Mr. Kleinberg will continue to report to Neal Goldberg, President of The Children's Place.

"Nina drives our brand with her creative vision and unique sense of style," said Neal Goldberg. "Expanding Nina's responsibility to oversee all creative aspects of our brand is a natural progression of her role given her passion for and deep understanding of our customers and their experience. Bringing our creative teams together will enable us to present a powerful and cohesive brand identity to our customers."

Ms. Miner joined The Children's Place in 1990 as Vice President, Design and Product Development and over the past 15 years has led the design and trend departments of The Children's Place.

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 July 2, 2005, the Company owned and operated 761 The Children's Place stores and 307 Disney Stores in North America and its online store, 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: The Children's Place
Heather Anthony, 201-558-2865

SOURCE: The Children's Place Retail Stores, Inc.