<SUBMISSION>
<ACCESSION-NUMBER>0000899681-04-000737
<TYPE>8-K
<PUBLIC-DOCUMENT-COUNT>1
<PERIOD>20041019
<ITEMS>1.01
<ITEMS>9.01
<FILING-DATE>20041021
<DATE-OF-FILING-DATE-CHANGE>20041020
<FILER>
<COMPANY-DATA>
<CONFORMED-NAME>CHILDRENS PLACE RETAIL STORES INC
<CIK>0001041859
<ASSIGNED-SIC>5651
<IRS-NUMBER>311241495
<FISCAL-YEAR-END>0131
</COMPANY-DATA>
<FILING-VALUES>
<FORM-TYPE>8-K
<ACT>34
<FILE-NUMBER>000-23071
<FILM-NUMBER>041088378
</FILING-VALUES>
<BUSINESS-ADDRESS>
<STREET1>915 SECAUCUS RD
<CITY>SECAUCUS
<STATE>NJ
<ZIP>07094
<PHONE>2015582400
</BUSINESS-ADDRESS>
<MAIL-ADDRESS>
<STREET1>915 SECAUCUS RD
<CITY>SECAUCUS
<STATE>NJ
<ZIP>07094
</MAIL-ADDRESS>
</FILER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>childrens-8k_102004.htm
<TEXT>
<HTML>
<HEAD>
<TITLE>8-K</TITLE>
</HEAD>
<BODY>


<P ALIGN=CENTER><FONT SIZE=3><B>UNITED STATES</B></FONT></P>

<P ALIGN=CENTER><FONT SIZE=3><B>SECURITIES AND EXCHANGE COMMISSION</B></FONT></P>

<P ALIGN=CENTER><FONT SIZE=3><B>Washington, D.C. 20549</B></FONT></P>

<HR SIZE=1 NOSHADE WIDTH=25% ALIGN=CENTER>

<P ALIGN=CENTER><FONT SIZE=3><B>FORM 8-K</B></FONT></P>

<P ALIGN=CENTER><FONT SIZE=3><B>CURRENT REPORT</B></FONT></P>

<P ALIGN=CENTER><FONT SIZE=3><B>PURSUANT TO SECTION 13 OR 15 (d)</B></FONT></P>

<P ALIGN=CENTER><FONT SIZE=3><B>OF THE SECURITIES EXCHANGE ACT OF 1934</B></FONT></P>


<FONT SIZE=3>Date of Report (date of earliest event reported)
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; October 19, 2004</FONT>
<HR SIZE=1>
<BR>
<BR>
<CENTER><B>THE CHILDREN'S PLACE RETAIL STORES, INC.</B>
<HR SIZE=1>
(Exact name of registrant as specified in its charter)</CENTER><BR>
<BR>
<BR>
<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=33% ALIGN=CENTER><U>Delaware&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</U><BR>
(State or other jurisdiction<BR>
of incorporation)
</TD>
<TD WIDTH=33% ALIGN=CENTER> <U>0-23071</U><BR>
(Commission <BR>
File Number)
</TD>
<TD WIDTH=34% ALIGN=CENTER>
<U>31-1241495</U><BR>
(IRS Employer ID<BR>
 Number)
</TD>
</TR>
</TABLE>
<BR>

<CENTER>915 Secaucus Road, New Jersey&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 07094</CENTER>
<HR SIZE=1>
<CENTER>(Address of principal executive offices)
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (Zip Code)</CENTER>
<BR>
<BR>
<CENTER>Registrant's Telephone Number, including area code:
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (201) 558-2400</CENTER>
<HR SIZE=1>
<BR>
<BR>
<CENTER>Not Applicable
<HR SIZE=1>
(Former name or former address, if changed since last report)</CENTER>
<BR>
<BR>
<P><FONT SIZE=3>Check the appropriate box below if the Form 8-K filing is
intended to simultaneously satisfy the filing obligation of the registrant under
any of the following provisions: </FONT></P>

<P><FONT SIZE=3>[ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)<BR>
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)<BR>
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))<BR>
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) </FONT></P>

<P ALIGN=LEFT><FONT SIZE=3><B>Item 1.01 Entry into a Material Definitive Agreement</B></FONT></P>

<P><FONT SIZE=3>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;On
October 19, 2004, two wholly-owned subsidiaries of The Children&#146;s Place
Retail Stores, Inc. (the "Company") entered into an Acquisition
Agreement (the "Acquisition Agreement") with Disney Enterprises, Inc.
("DEI") and Disney Credit Card Services, Inc. ("DCCS")
(subsidiaries of The Walt Disney Company), as sellers, to acquire the
"Disney Store" chain of retail stores in North America. </FONT></P>

<P><FONT SIZE=3>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pursuant
to the terms of the Acquisition Agreement (and subject to the conditions
contained therein), (1) Hoop Holdings, LLC ("USA Purchaser"), a
subsidiary of the Company, agreed to acquire 100% of the outstanding equity
interests in The Disney Store, LLC ("TDS USA") from DCCS and (2) a
subsidiary of USA Purchaser, Hoop Canada Holdings, Inc. ("Canadian
Purchaser"), agreed to acquire 100% of the outstanding shares of capital
stock of The Disney Store (Canada) Ltd. ("TDS Canada," and together
with TDS USA, the "TDS Companies") from DEI. Following the closing of
the transactions contemplated by the Acquisition Agreement (the
"Closing"), the Disney Store retail chain in North America will be
operated under the name "The Disney Store" by the Company&#146;s
subsidiaries Hoop Retail Stores, LLC and Hoop Canada, Inc. (collectively, the
"Hoop Operating Entities"). Effective as of the Closing, TDS
Franchising, LLC ("TDSF"), an affiliate of DEI, and the Hoop Operating
Entities will enter into a long-term license agreement and a long-term conduct
of business agreement (collectively, the "License Agreement"), under
which, in consideration of a royalty on store sales to be paid by the Hoop
Operating Entities to TDSF beginning in 2006, the Hoop Operating Entities will
operate retail stores in the United States and Canada from and after the Closing
using the "Disney Store" name. Such stores will continue to
manufacture, source, offer and sell merchandise featuring
"Disney-branded" characters, past, present and future. In addition,
beginning in October 2005, the Hoop Operating Entities will operate the
disneystore.com internet store featuring a select assortment of merchandise
offered in the physical retail locations of the Disney Stores, paying a royalty
to TDSF on internet sales. Each of USA Purchaser, Canadian Purchaser and the
Hoop Operating Entities are newly formed companies organized for the express
purposes contemplated by the Acquisition Agreement. </FONT></P>

<P><FONT SIZE=3>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;In
connection with the Acquisition Agreement, the Company and USA Purchaser have
agreed to enter into a Guaranty and Commitment at the Closing, pursuant to which
they will provide a guarantee to TDSF and its affiliates of the payment and
performance of the obligations of the Hoop Operating Entities under the License
Agreement of up to $25 million as well as the performance of the obligations of
their respective affiliates under the License Agreement and the other agreements
entered into in connection therewith. In addition, the Company has guaranteed
the obligations of USA Purchaser and Canadian Purchaser under the Acquisition
Agreement. </FONT></P>

<P><FONT SIZE=3>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Company has committed to invest up to $100 million into the remodeling and
operations of the Disney Stores North America. Of this amount, an initial $50
million will be funded on the Closing Date. In exchange for the transfer of the
equity interests in the TDS Companies, USA Purchaser and Canadian Purchaser will
pay DEI and DCCS a working capital adjustment that will depend upon the level of
inventory and other working capital at the time of the Closing. All lease
obligations of the TDS Companies will continue to be obligations of the TDS
Companies and will become obligations of the Hoop Operating Entities following
the Closing of the transaction. </FONT></P>

<P><FONT SIZE=3>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Company will fund its capital commitments and the working capital adjustment, as
applicable, partially through cash flow from its operations and partially
through short-term borrowings under an expansion of its existing working capital
facility, which the Company is presently negotiating with its working capital
lender, Wells Fargo Retail Finance LLC ("Wells Fargo"). The Company is
also negotiating a separate working capital facility with Wells Fargo for the
Hoop Operating Entities, which will fund a portion of the working capital
adjustment under the Acquisition Agreement (if applicable), as well as the
working capital needs of the Disney Stores North America. </FONT></P>

<P><FONT SIZE=3>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976
has expired and, subject to various closing conditions, the Company expects that
the Closing will occur during the fourth quarter of the 2004 calendar year. </FONT></P>

<P ALIGN=LEFT><FONT SIZE=3><B>Item 9.01 Financial Statements and Exhibits</B></FONT></P>

<P><FONT SIZE=3>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
(a)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Financial statements of business acquired: Not applicable</FONT></P>

<P><FONT SIZE=3>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
(b)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Pro forma financial statements: Not applicable</FONT></P>

<P><FONT SIZE=3>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
(c)&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Exhibits: Not applicable</FONT></P>




<P ALIGN=CENTER><FONT SIZE=3>[Remainder of page intentionally left blank;<BR>
signature on following page.]</FONT></P>






<P ALIGN=CENTER><FONT SIZE=3>SIGNATURES</FONT></P>

<P><FONT SIZE=3>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pursuant
to the requirements of the Securities Exchange Act of 1934, as amended, the
Registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized. </FONT></P>

<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=50% ALIGN=LEFT></TD>
<TD WIDTH=50%>
THE CHILDREN'S PLACE RETAIL STORES, INC.<BR>
<BR>
<BR>
By: <U>/s/ Ezra Dabah&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</U><BR>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Name: Ezra Dabah<BR>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Title: Chairman of the Board and Chief Executive Officer
</TD>
</TR>
</TABLE>
<BR>
<BR>

<P ALIGN=LEFT><FONT SIZE=3>Dated:  October 20, 2004</FONT></P>
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</TEXT>
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</SUBMISSION>
