Disney Stores Chain to Expand to Outlet Malls
From Reuters
Children’s Place Retail Stores Inc. said it was expanding its newly acquired Disney Store chain into outlet malls.
The company, which acquired the chain from Walt Disney Co. in November, said it planned to open a store in Central Valley, N.Y., this weekend and planned five more openings this year.
Children’s Place said when the deal was announced that it would spend as much as $100 million to remodel and run the 313 Disney locations, and might expand to as many as 600 stores. The chain retained the Disney name under a licensing agreement.
