-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 Mh3DlSAHrMW4wUnWLB0ubOtCimHsBTZpZHpurDu+NbA3UF4iCf6qf0EtZxU5QDLP
 T3G3sGNpEUfG/H8U/ZBspw==

<SEC-DOCUMENT>0000914121-07-002743.txt : 20071227
<SEC-HEADER>0000914121-07-002743.hdr.sgml : 20071227
<ACCEPTANCE-DATETIME>20071227214119
ACCESSION NUMBER:		0000914121-07-002743
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20071221
FILED AS OF DATE:		20071227
DATE AS OF CHANGE:		20071227

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			CHILDRENS PLACE RETAIL STORES INC
		CENTRAL INDEX KEY:			0001041859
		STANDARD INDUSTRIAL CLASSIFICATION:	RETAIL-FAMILY CLOTHING STORES [5651]
		IRS NUMBER:				311241495
		FISCAL YEAR END:			0131

	BUSINESS ADDRESS:	
		STREET 1:		915 SECAUCUS RD
		CITY:			SECAUCUS
		STATE:			NJ
		ZIP:			07094
		BUSINESS PHONE:		2015582400

	MAIL ADDRESS:	
		STREET 1:		915 SECAUCUS RD
		CITY:			SECAUCUS
		STATE:			NJ
		ZIP:			07094

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			DABAH EZRA
		CENTRAL INDEX KEY:			0001055163

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-23071
		FILM NUMBER:		071330154

	BUSINESS ADDRESS:	
		STREET 1:		CHILDRENS PLACE RETAIL STORES INC
		STREET 2:		ONE DODGE DRIVE
		CITY:			WEST CALDWELL
		STATE:			NJ
		ZIP:			07006
		BUSINESS PHONE:		9732278900

	MAIL ADDRESS:	
		STREET 2:		ONE DODGE DR
		CITY:			WEST CALDWELL
		STATE:			NJ
		ZIP:			07006
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>p113794333-4dabah_ex.xml
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0202</schemaVersion>

    <documentType>4</documentType>

    <periodOfReport>2007-12-21</periodOfReport>

    <notSubjectToSection16>0</notSubjectToSection16>

    <issuer>
        <issuerCik>0001041859</issuerCik>
        <issuerName>CHILDRENS PLACE RETAIL STORES INC</issuerName>
        <issuerTradingSymbol>PLCE</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001055163</rptOwnerCik>
            <rptOwnerName>DABAH EZRA</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>915 SECAUCUS ROAD</rptOwnerStreet1>
            <rptOwnerStreet2></rptOwnerStreet2>
            <rptOwnerCity>SECAUCUS</rptOwnerCity>
            <rptOwnerState>NJ</rptOwnerState>
            <rptOwnerZipCode>07094</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>1</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>1</isTenPercentOwner>
            <isOther>0</isOther>
        </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeTable>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Common Stock, $0.10 par value per share</value>
            </securityTitle>
            <transactionDate>
                <value>2007-12-21</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>S</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>22000</value>
                    <footnoteId id="F1"/>
                </transactionShares>
                <transactionPricePerShare>
                    <value>27.16</value>
                    <footnoteId id="F1"/>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>D</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>5157310</value>
                    <footnoteId id="F2"/>
                    <footnoteId id="F3"/>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>I</value>
                    <footnoteId id="F2"/>
                    <footnoteId id="F3"/>
                </directOrIndirectOwnership>
                <natureOfOwnership>
                    <value>See footnotes</value>
                    <footnoteId id="F2"/>
                    <footnoteId id="F3"/>
                </natureOfOwnership>
            </ownershipNature>
        </nonDerivativeTransaction>
    </nonDerivativeTable>

    <footnotes>
        <footnote id="F1">On December 21, 2007, the Renee and Ezra Dabah Charitable Foundation, Inc. sold 22,000 shares on the open market at a price
 of $27.16 per share.  The proceeds of such sale will be used for charitable purposes.  (continued in footnote 2).</footnote>
        <footnote id="F2">Ezra Dabah is the beneficial owner of 5,157,310 shares of Common Stock of the Company, representing 17.9% of the total number
 of shares outstanding as of June 2, 2006.  (continued in footnote 3).</footnote>
        <footnote id="F3">(cont'd from fn 2)  Mr. Dabah (i) has sole power to vote or to direct the vote and to dispose or direct the disposition
 of 1,556,250 of such shares (which includes 185,000 shares that are issuable upon the exercise of outstanding vested
 options), (ii) has shared power to vote or to direct the vote and to dispose or direct the disposition of 3,031,360 of such
 shares held by Mr. Dabah and others, as custodians or trustees for Mr. Dabah's children and certain other family members,
 (iii) has shared power to vote or to direct the vote and to dispose or direct the disposition of 445,600 of such shares held
 by Mr. Dabah and his wife as joint tenants with right of survivorship and (iv) may be deemed to have shared power to vote or
 to direct the vote and to dispose or direct the disposition of 104,100 of such shares owned by Mr. Dabah's wife. Mr. Dabah
 may also be deemed the beneficial owner of 20,000 shares of Common Stock held by The Dabah Children Charitable Foundation,
 Inc.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>/s/ Ezra Dabah</signatureName>
        <signatureDate>2007-12-27</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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