SECAUCUS, N.J.--(BUSINESS WIRE)--Jan. 31, 2008--The Children's Place Retail Stores, Inc. (Nasdaq:PLCE) today announced that in conjunction with its January sales release, you are invited to listen to the Company's pre-recorded monthly sales call on Thursday, February 7, 2008, beginning at 7:30 a.m. Eastern Time.

To access the call, please visit the Investor Relations section of the Company's website at:

http://www.childrensplace.com or dial 402-220-2668

An online archive of the broadcast will be available through Thursday, February 14, 2008.

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 January 5, 2008, the Company owned and operated 912 The Children's Place stores and 337 Disney Stores in North America and its online stores at www.childrensplace.com and www.disneystore.com.

This press release (and above referenced call) 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. 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 reports of Forms 10-K and 10-Q. Risks and uncertainties relating to the restatement of the Company's historical financial information, the Company's historical stock option granting practices and other historical practices identified as material weaknesses as described in the Company's filings on December 5, 2007, the delays in scheduling of the Company's fiscal 2006 shareholder meeting, the outcome of the informal investigation of the Company being conducted by the Securities and Exchange Commission, potential other governmental proceedings, the shareholder litigation commenced against the Company and certain of its officers and directors also could cause actual results, events and performance to differ materially. Readers (or listeners on the call) 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 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 Company or any other person that the events or circumstances described in such statement are material.

CONTACT: The Children's Place Retail Stores, Inc.
Jane Singer, Investor Relations, 201-453-6955

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