The Children’s Place gets its second CFO in 2 years

Retail Dive

The Children’s Place has had a bumpy path through the pandemic era. After a pivot to digital last decade, and benefiting from failed competitors such as Gymboree and Babies R Us, the children’s apparel retailer had to contend with the slump in apparel during early COVID-19 period, and the school closures and decline in socializing that came with it.

Telsey Advisory Group analysts led by Dana Telsey said in a research note Tuesday that they believed Toal’s background “as a seasoned financial executive who has experience with operational elements of consumer retail businesses should make him an effective partner to CEO Jane Elfers.”

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