<SUBMISSION>
<ACCESSION-NUMBER>0000899681-04-000764
<TYPE>8-K
<PUBLIC-DOCUMENT-COUNT>1
<PERIOD>20041104
<ITEMS>1.01
<ITEMS>2.03
<ITEMS>9.01
<FILING-DATE>20041110
<DATE-OF-FILING-DATE-CHANGE>20041110
<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>041133893
</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>children-8k_110904.htm
<TEXT>
<HTML>
<HEAD>
<TITLE>8-K</TITLE>
</HEAD>
<BODY>

<P ALIGN=CENTER><FONT SIZE=3><B>UNITED STATES<BR>
<BR>
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=15% 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>

<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=70%>Date of Report (date of earliest event reported)</TD>
<TD WIDTH=30% ALIGN=RIGHT>November 4, 2004</TD>
</TR>
</TABLE>
<HR SIZE=1 NOSHADE>
<BR>
<BR>
<CENTER><B>THE CHILDREN'S PLACE RETAIL STORES, INC.</B>
<HR SIZE=1 NOSHADE>
(Exact name of registrant as specified in its charter)</CENTER>
<BR>
<BR>
<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=33%>
<U>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Delaware&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</U><BR>
(State or other jurisdiction<BR>
of incorporation)</TD>
<TD WIDTH=34% ALIGN=CENTER>
<U>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0-23071&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</U><BR>
(Commission<BR>
File Number)</TD>
<TD WIDTH=33% ALIGN=CENTER>
<U>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;31-1241495&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</U><BR>
(IRS Employer ID<BR>
Number)</TD>
</TR>
</TABLE>
<BR>
<BR>

<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=70%>915 Secaucus Road, Secaucus, New Jersey</TD>
<TD WIDTH=30% ALIGN=CENTER>07094</TD>
</TR>
</TABLE>
<HR SIZE=1 NOSHADE>
<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=70%>(Address of principal executive offices)</TD>
<TD WIDTH=30% ALIGN=CENTER>(Zip Code)</TD>
</TR>
</TABLE>
<BR>
<BR>

<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=70%>Registrant's Telephone Number, including area code:</TD>
<TD WIDTH=30%>(201) 558-2400</TD>
</TR>
</TABLE>
<HR SIZE=1 NOSHADE>
<BR>

<CENTER>Not Applicable</CENTER>
<HR SIZE=1 NOSHADE>
<CENTER>(Former name or former address, if changed since last report)</CENTER>

<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>

<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=5%>[ ]</TD>
<TD WIDTH=95%>Written communications pursuant to Rule 425 under the Securities Act (17 CFR
230.425)</TD>
</TR>
</TABLE>
<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=5%>[ ]</TD>
<TD WIDTH=95%>Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)</TD>
</TR>
</TABLE>
<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=5%>[ ]</TD>
<TD WIDTH=95%>Pre-commencement communications pursuant to Rule 14d-2(b) under
the Exchange Act (17 CFR 240.14d-2(b))</TD>
</TR>
</TABLE>
<TABLE WIDTH=100% CELLPADDING=0 CELLSPACING=0 BORDER=0>
<TR VALIGN=TOP>
<TD WIDTH=5%>[ ]</TD>
<TD WIDTH=95%>Pre-commencement communications pursuant to Rule 13e-4(c) under the
Exchange Act (17 CFR 240.13e-4(c))</TD>
</TR>
</TABLE>

<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
November 4, 2004, The Children&#146;s Place Retail Stores, Inc. (the
&#147;Company&#148;) and certain of its subsidiaries entered into a Fourth
Amended and Restated Loan and Security Agreement (the &#147;Amended Loan
Agreement&#148;) dated as of October 30, 2004 with certain financial
institutions and Wells Fargo Retail Finance, LLC (&#147;Wells Fargo&#148;), as
administrative agent, which expands and amends the Company&#146;s senior secured
credit facility. The Amended Loan Agreement provides for borrowings up to $130
million (including a sublimit for letters of credit of $100 million), subject to
the amount of the Company&#146;s eligible inventory and accounts receivable from
time to time. The term of the facility extends until November 1, 2007 and may be
subsequently renewed for sucessive one-year periods. In addition, the Amended
Loan Agreement provides for a temporary over-advance facility under which the
Company will have the right to borrow up to $30 million through December 31,
2004, regardless of the amount of collateral. </FONT></P>

<P><FONT SIZE=3>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Amounts
outstanding under the Amended Loan Agreement will bear interest at a floating
rate equal to the prime rate or, at the Company&#146;s option, a LIBOR rate plus
a pre-determined margin. The LIBOR margin will be 1.50% to 3.00%, depending on
the Company&#146;s level of availability from time to time, except that the
LIBOR margin for over-advances will be 4%. The Amended Loan Agreement contains
various covenants, which include, limitations on the Company&#146;s annual
capital expenditures, maintenance of certain levels of excess collateral and a
prohibition on the payment of dividends. Credit extended under the Amended Loan
Agreement is secured by a first priority security interest in substantially all
the assets of the Company and its subsidiaries, other than assets in Canada and
assets owned by the Company&#146;s subsidiaries that were formed in connection
with the pending acquisition of the Disney Stores business in North America. The
Company expects to use borrowings under the Amended Loan Agreement for working
capital purposes and to satisfy a portion of its payment obligations in
connection with the pending acquisition of the Disney Stores business in North
Amercia. </FONT></P>

<P><FONT SIZE=3>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;As
of November 5, 2004, the Company had no borrowings under the Amended Loan
Agreement and had outstanding letters of credit of $53.0 million. </FONT></P>

<P ALIGN=LEFT><FONT SIZE=3><B>Item 2.03 Creation of a Direct Financial
Obligation</B></FONT></P>

<P ALIGN=LEFT><FONT SIZE=3>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;See Item 1.01 above.</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)
Financial statements of business acquired: Not applicable</FONT></P>

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

<P><FONT SIZE=3>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c)
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%></TD>
<TD WIDTH=50%>THE CHILDREN'S PLACE RETAIL STORES, INC.<BR>
<BR>
<BR>
By: <U>&nbsp;/s/ Seth L. Udasin&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;</U><BR>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Name: Seth L. Udasin<BR>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Title: Vice President and Chief Financial Officer</TD>
</TR>
</TABLE>
<BR>

<P ALIGN=LEFT><FONT SIZE=3>Dated:  November 9, 2004</FONT></P>

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