<SUBMISSION>
<ACCESSION-NUMBER>0001144204-09-029922
<TYPE>4
<PUBLIC-DOCUMENT-COUNT>1
<PERIOD>20090526
<FILING-DATE>20090528
<DATE-OF-FILING-DATE-CHANGE>20090528
<REPORTING-OWNER>
<OWNER-DATA>
<CONFORMED-NAME>FLAKS RICHARD
<CIK>0001256948
</OWNER-DATA>
<FILING-VALUES>
<FORM-TYPE>4
<ACT>34
<FILE-NUMBER>000-23071
<FILM-NUMBER>09858804
</FILING-VALUES>
</REPORTING-OWNER>
<ISSUER>
<COMPANY-DATA>
<CONFORMED-NAME>CHILDRENS PLACE RETAIL STORES INC
<CIK>0001041859
<ASSIGNED-SIC>5651
<IRS-NUMBER>311241495
<FISCAL-YEAR-END>0131
</COMPANY-DATA>
<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>
</ISSUER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>v151004_ex.xml
<TEXT>
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    <footnotes>
        <footnote id="F1">These shares of common stock, par value $0.10 per share, of The Children's Place Retail Stores, Inc. (the &quot;Common Stock&quot;)
 were sold pursuant to a previously adopted Rule 10b5-1 trading plan.</footnote>
        <footnote id="F2">Includes 10,887 shares of Common Stock underlying deferred stock awards that have not yet vested.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>/s/ Richard Flaks</signatureName>
        <signatureDate>2009-05-28</signatureDate>
    </ownerSignature>
</ownershipDocument>
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</SUBMISSION>
