UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
FORM
8-K
CURRENT
REPORT
PURSUANT
TO SECTION 13 OR 15 (d)
OF
THE SECURITIES EXCHANGE ACT OF 1934
|
Date
of Report (date of earliest event reported)
|
September
29, 2006
|
THE
CHILDREN'S PLACE RETAIL STORES, INC.
|
(Exact
name of registrant as specified in its charter)
|
|
DELAWARE
(State
or other jurisdiction
of
incorporation)
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0-23071
(Commission
File
Number)
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31-1241495
(IRS
Employer ID
Number)
|
|
915
Secaucus Road, Secaucus, New Jersey
|
07094
|
|
(Address
of principal executive offices)
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(Zip
Code)
|
|
Registrant's
Telephone Number, including area code:
|
(201)
558-2400
|
|
Not
Applicable
|
|
(Former
name or former address, if changed since last report)
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Check
the
appropriate box below if the Form 8-K filing is intended to simultaneously
satisfy the filing obligation of the registrant under any of the following
provisions:
|
o
|
Written
communications pursuant to Rule 425 under the Securities Act (17
CFR
230.425)
|
|
o
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Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)
|
|
o
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Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act
(17 CFR
240.14d-2(b))
|
|
o
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Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act
(17 CFR
240.13e-4(c))
|
Item
1.01 Entry into a Material Definitive Agreement
As
previously announced, The Children’s Place Retail Stores, Inc. (the "Company")
has commenced construction of a 700,000 square foot automated distribution
center in Fort Payne, Alabama. On September 29, 2006, the Company entered
into
two purchase agreements (the "Agreements") with Dematic Corp. ("Dematic")
whereby the Company had the opportunity to elect to purchase a material handling
system from Dematic for the distribution center. On October 29, 2006, the
last
day for the Company to make such election under the Agreements, the Company
determined to purchase the material handling system from Dematic. Depending
on
final specifications, the system, including installation, is expected to
cost
the Company approximately $29 million. Installation is expected to be completed
sometime next summer.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended,
the Registrant has duly caused this report to be signed on its behalf by
the
undersigned hereunto duly authorized.
|
THE
CHILDREN'S PLACE RETAIL STORES, INC.
|
||
| |
|
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| By: | /s/ Susan Riley | |
|
Name: Susan Riley |
||
| Dated: November 2, 2006 |
Title:
Senior Vice President, Chief Financial
Officer
|
|