Children's Place Retail Stores, Inc. : The Children's Place Announces Participation in the Morgan Stanley Second Annual Retail Conference

SECAUCUS, N.J., May 16, 2012 (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, will present at the Morgan Stanley 2nd Annual Retail Conference being held at the Boston Harbor Hotel on Wednesday, May 23, 2012 at 9:30 a.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 Tuesday, May 29, 2012.

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" brand name. As of January 28, 2012, the Company operated 1,049 stores and an online store at www.childrensplace.com.

Forward Looking Statements

This press release (and the above referenced webcast) may contain certain forward-looking statements regarding future circumstances, including statements relating to the Company's positioning, and forecasts regarding store openings and earnings per diluted share from continuing operations. 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 January 28, 2012. 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. Readers 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: Jane Singer
         Vice President, Investor Relations
         (201) 453-6955

Children's Place Retail Stores, Inc.

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