Subsequent Events	6 Months Ended
Jul. 28, 2012
Subsequent Events	13. Subsequent Events On August 3, 2012, the Company completed the sale of its 77kids business pursuant to an Asset Purchase Agreement (the “Agreement”) with Ezrani 2 Corp. (the “Purchaser”), a company formed by Ezra Dabah, the former Chairman and Chief Executive Officer of The Children’s Place. The Purchaser has acquired substantially all of the assets comprising the 77kids business. As a result of the Agreement, the Company expects to incur an after-tax loss of approximately $35 million, which includes approximately $19 million of asset impairments, inventory write-downs and severance, $6 million of support payments to the purchaser and $10 million of operational costs. The total after-tax exit charges incurred in the 13 weeks ended July 28, 2012 were $17.2 million and after-tax operational costs were $6.6 million. The remaining after-tax exit charges, which include $6.3 million of support payments to the Purchaser, and operational costs are anticipated to be taken in the third quarter of Fiscal 2012. Refer to Note 12 to the Consolidated Financial Statements for additional information regarding the discontinued operations of 77kids.

Subsequent Events

6 Months Ended

Jul. 28, 2012

13. Subsequent Events

On August 3, 2012, the Company completed the sale of its 77kids business pursuant to an Asset Purchase Agreement (the “Agreement”) with Ezrani 2 Corp. (the “Purchaser”), a company formed by Ezra Dabah, the former Chairman and Chief Executive Officer of The Children’s Place. The Purchaser has acquired substantially all of the assets comprising the 77kids business.

As a result of the Agreement, the Company expects to incur an after-tax loss of approximately $35 million, which includes approximately $19 million of asset impairments, inventory write-downs and severance, $6 million of support payments to the purchaser and $10 million of operational costs. The total after-tax exit charges incurred in the 13 weeks ended July 28, 2012 were $17.2 million and after-tax operational costs were $6.6 million. The remaining after-tax exit charges, which include $6.3 million of support payments to the Purchaser, and operational costs are anticipated to be taken in the third quarter of Fiscal 2012.

Refer to Note 12 to the Consolidated Financial Statements for additional information regarding the discontinued operations of 77kids.