<SUBMISSION>
<ACCESSION-NUMBER>0000914121-09-001020
<TYPE>DFAN14A
<PUBLIC-DOCUMENT-COUNT>2
<FILING-DATE>20090702
<DATE-OF-FILING-DATE-CHANGE>20090702
<EFFECTIVENESS-DATE>20090702
<FILED-BY>
<COMPANY-DATA>
<CONFORMED-NAME>DABAH EZRA
<CIK>0001055163
</COMPANY-DATA>
<FILING-VALUES>
<FORM-TYPE>DFAN14A
</FILING-VALUES>
<MAIL-ADDRESS>
<STREET2>ONE DODGE DR
<CITY>WEST CALDWELL
<STATE>NJ
<ZIP>07006
</MAIL-ADDRESS>
</FILED-BY>
<SUBJECT-COMPANY>
<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>DFAN14A
<ACT>34
<FILE-NUMBER>000-23071
<FILM-NUMBER>09925036
</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>
</SUBJECT-COMPANY>
<DOCUMENT>
<TYPE>DFAN14A
<SEQUENCE>1
<FILENAME>ed16794273-14a.txt
<DESCRIPTION>PROXY STATEMENT
<TEXT>
                                  UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                  SCHEDULE 14A

                  Proxy Statement Pursuant to Section 14(a) of
                       the Securities Exchange Act of 1934

Filed by the Registrant [_]

Filed by a Party other than the Registrant [X]

Check the appropriate box:

[_]   Preliminary Proxy Statement

[_]   Confidential, for Use of the Commission Only (as permitted by Rule
      14a-6(e)(2))

[_]   Definitive Proxy Statement

[X]   Definitive Additional Materials

[_]   Soliciting Material Pursuant to ss.240.14a-12

                    The Children's Place Retail Stores, Inc.
--------------------------------------------------------------------------------
                (Name of Registrant as Specified In Its Charter)

                                   EZRA DABAH
                                   RENEE DABAH
                               STANLEY SILVERSTEIN
                                RAINE SILVERSTEIN
                                  BARBARA DABAH
                                  GILA GOODMAN
                                RAPHAEL BENAROYA
                               JEREMY J. FINGERMAN
                                ROSS B. GLICKMAN
                               EMANUEL R. PEARLMAN
--------------------------------------------------------------------------------
    (Name of Person(s) Filing Proxy Statement, if other than the Registrant)

<PAGE>

Payment of Filing Fee (Check the appropriate box):

[X]   No fee required.

[_]   Fee computed on table below per Exchange Act Rules 14a-6(i)(1) and 0-11.

      (1)   Title of each class of securities to which transaction applies:


            --------------------------------------------------------------------

      (2)   Aggregate number of securities to which transaction applies:


            --------------------------------------------------------------------

      (3)   Per unit price or other underlying value of transaction computed
            pursuant to Exchange Act Rule 0-11 (set forth the amount on which
            the filing fee is calculated and state how it was determined):


            --------------------------------------------------------------------

      (4)   Proposed maximum aggregate value of transaction:


            --------------------------------------------------------------------

      (5)   Total fee paid:


            --------------------------------------------------------------------

[_]   Fee paid previously with preliminary materials.

[_]   Check box if any part of the fee is offset as provided by Exchange Act
      Rule 0-11(a)(2) and identify the filing for which the offsetting fee was
      paid previously. Identify the previous filing by registration statement
      number, or the Form or Schedule and the date of its filing.

      (1)   Amount Previously Paid:


            --------------------------------------------------------------------

      (2)   Form, Schedule or Registration Statement No.:


            --------------------------------------------------------------------

      (3)   Filing Party:


            --------------------------------------------------------------------

      (4)   Date Filed:


            --------------------------------------------------------------------

<PAGE>

      On July 2, 2009, The Committee of Concerned Shareholders of The Children's
Place issued a press release, a copy of which is filed herewith as Exhibit 1.


                                      -2-
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-1
<SEQUENCE>2
<FILENAME>ed16794273-ex1.txt
<DESCRIPTION>PRESS RELEASE
<TEXT>
                                                                       EXHIBIT 1

FOR IMMEDIATE RELEASE

Contacts:

Matthew Sherman / Jamie Moser
Joele Frank, Wilkinson Brimmer Katcher
(212) 355-4449

         THE COMMITTEE OF CONCERNED SHAREHOLDERS OF THE CHILDREN'S PLACE
                          MAILS LETTER TO SHAREHOLDERS

    Urges Shareholders to Vote FOR the Committee's Nominees on the GOLD Proxy
                                   Card Today

New York - July 2, 2009 -The Committee of Concerned Shareholders of The
Children's Place (the "Committee"), which collectively owns approximately 22% of
the outstanding shares of The Children's Place Retail Stores, Inc. (Nasdaq:
PLCE) ("The Children's Place" or the "Company"), today announced that it is
mailing a letter to the Company's shareholders in connection with its nomination
of three independent, highly-qualified and proven individuals for election to
the Board of Directors at the Company's 2009 Annual Meeting of Shareholders,
scheduled for July 31, 2009. Shareholders of record as of June 30, 2009 are
entitled to vote at the meeting.

This upcoming election of directors is about the future of The Children's Place
- and all votes can make a difference. The choice is clear - by voting on the
GOLD proxy card, shareholders can elect three experienced and independent Board
nominees who are dedicated to protecting and enhancing the value of The
Children's Place. The Committee urges shareholders to act now to ensure that
their shares are represented at the upcoming Annual Meeting.

The Committee today sent the following letter to all shareholders:

      July 2, 2009

      Dear Fellow Shareholder,

      Do not be deceived by the Company's misleading statements about what is at
      stake in the upcoming election of directors for The Children's Place. In a
      clear act of desperation, the Company is attempting to distract you from
      the important issues facing The Children's Place today. This election is
      not about the past. It's about the need for change today and who can best
      protect and grow your investment.

      The Committee of Concerned Shareholders of The Children's Place is
      convinced that our three independent nominees - Raphael Benaroya, Jeremy
      Fingerman and Ross Glickman - are more qualified to serve on your Board
      than the three incumbent candidates. We urge you to vote for these
      dedicated individuals on the GOLD proxy card TODAY by telephone, Internet,
      or by signing, dating and returning the enclosed GOLD proxy card in the
      postage-paid envelope provided.

                              SETTING THE RECORD STRAIGHT


                                         -3-
      <PAGE>

      Why has the Company avoided the issues and resorted to making misleading
      statements about Ezra Dabah? The answer is simple: The Company's nominees
      compare poorly to and lack the qualifications possessed by the Committee's
      nominees. The Company has made a series of false and misleading statements
      about Ezra Dabah to deflect your attention from the incumbent nominees and
      their inferior track records. Let us again state the facts:

      o     Ezra Dabah is not a nominee for election. In fact, Mr. Dabah was
            elected to the Board by shareholders last year following a unanimous
            nomination by the same Board that now is engaged in personal and
            misleading attacks on him.

      o     Mr. Dabah is not attempting to gain control of the Company. He is no
            longer the Chairman and CEO and has no plans to return as Chairman
            or CEO. The Committee's nominees are independent and, if elected,
            will act in the best interests of all shareholders as their
            fiduciary duties require. Mr. Dabah does not have any prior social,
            business or professional relationship with any of the Committee's
            nominees.

      o     The Committee's sole interest is making sure The Children's Place
            has the right Board in place to protect and grow value for all
            shareholders. None of the Company's nominees have ever purchased a
            single share of the Company's common stock on the open market. The
            members of the Committee by contrast collectively own approximately
            22% of the Company's outstanding shares. Our interests are aligned
            with yours. While our nominees do not currently own any shares of
            the Company, they have each committed to purchase shares if elected.
            Do you want to trust your investment to a group of directors who,
            unlike you, have never invested their own capital in the Company?

      o     Do not be misled by the Company's repeated misrepresentation of the
            facts surrounding Mr. Dabah's resignation as CEO. No one will
            dispute that Mr. Dabah resigned around the time that Deloitte &
            Touche informed the Company that it would no longer rely on his
            representations. What the Company has neglected to tell you is that,
            at that same time, Mr. Dabah's fellow directors did not question his
            integrity and planned to terminate Deloitte and engage BDO Seidman,
            which was willing to accept Mr. Dabah's representations. These
            important facts are reflected in a recorded message left for Mr.
            Dabah by Sally Kasaks, the Company's Interim Chair. Although the
            Board considered Deloitte's position unreasonable, Mr. Dabah stepped
            down as CEO to facilitate the completion of audits and to avoid
            further delay in completing the Company's SEC filings.

          The Company is attempting to mislead you about the past in order to
        distract you from the present and the future - Do not let that happen!

                WE BELIEVE THE COMPANY NOW FACES A DOWNWARD TREND THAT
                              JEOPARDIZES YOUR INVESTMENT

      Do not be seduced by management's statements about 2008 sales performance.
      The Company's 2008 sales and profits are the result of management planning
      and direction in 2007. Like any vertically-integrated, specialty retailer,
      The Children's Place plans, designs and merchandises its seasonal lines at
      least a year in advance of presenting them in stores. The current interim
      management team's product selection was presented in stores starting in
      the fourth quarter of 2008 and look at the results:


                                         -4-
      <PAGE>

            o     While the Company's comparable store sales performance in the
                  first three quarters of 2008 were all positive with 5% average
                  comparable store sales growth, the fourth quarter (the first
                  in which the current management team made merchandising
                  decisions) showed a decline in comparable store sales growth
                  of (5%) based on the Company's prior method of reporting
                  comparable store sales results.

            o     At the end of the fourth quarter of 2008, the Company changed
                  its method of reporting comparable store sales, a move that
                  obscures the current trends in the Company's core retail
                  business. The "new" methodology includes e-commerce results
                  and adjusts for constant currency. Under this altered
                  methodology, the Company generated positive comparable store
                  sales growth of 1% in the fourth quarter of 2008, a 600 basis
                  point increase over the comparable store sales growth that
                  would have been reported using the Company's prior
                  methodology. Virtually all of the specialty retailers in the
                  Company's peer group do not employ this questionable
                  methodology selected by the Company's interim management.
                  Would you trust a board and management team that is willing to
                  change its disclosure methodology to make results look better
                  at a time when comparable store sales are generally down
                  across the industry?

      Management is touting its 2008 performance by selectively comparing 2008
      results to 2007, which was only one year that followed a successful ten
      year period of growth for the Company. During the period from 2004 to 2006
      for example:

                  o     Comparable store sales increased 16%, 9% and 11%,
                        respectively.

                  o     Reported net sales increased from $1.2 billion in 2004
                        to over $2.0 billion in 2006.

                  o     Reported diluted net income per share increased from
                        $1.48 in 2004 to $2.92 in 2006.

      We are concerned that the Company's 2008 results cannot be sustained.
      Recent performance confirms our fears:

                  o     The Company's stock price has decreased 26% since the
                        beginning of June 2009.

                  o     Since November 2008, there has been only one month of
                        positive same store sales growth.

                  o     In May 2009, the Company reported a 9% decline in
                        comparable store sales--its worst monthly results in
                        over three years (as far back as the Company has
                        disclosed its new comparable store sales methodology)
                        and 11% lower than median comparable store sales for
                        other value retailers.

      All of this has led to a decline in the value of your investment in The
      Children's Place. Today, the Company's stock is trading at a P/E multiple
      that is approximately 50% of its comparable peer group. In addition, while
      the Company has used selective time periods to claim that the Company's
      stock price is up 39% under the current Board and management, the fact is
      that the Company's stock price was $27.08 as of July 1, 2009, which is
      virtually unchanged since Mr. Crovitz became Interim CEO in September
      2007. Ask yourself: what value has the current Board created for you?


                                         -5-
      <PAGE>

      We believe this decline inevitably results from an interim leadership team
      and Board that have failed to protect and grow your investment in the
      Company. Interim CEO Charles Crovitz has identified no viable growth
      strategies and the Board has already concluded he does not meet the
      Board's articulated criteria for a permanent CEO. Yet the Board has
      rewarded him with excessive compensation: nearly $4,000,000 in 2008,
      including over $500,000 in lavish perquisites. If Mr. Crovitz is doing a
      great job, as the current Board has told you, why has the Board spent the
      last 21 months looking to replace him? That's 21 months of the Board
      failing to do what it acknowledges must be done!

      The incumbent Board would have you believe that Interim Chair Sally Kasaks
      has done great things for Pacific Sunwear. What they still haven't told
      you is that she was replaced as Chair of the Board and CEO of Pacific
      Sunwear after that company suffered an almost 84% stock price decline. The
      Children's Place cannot afford a leader with that type of "track record."
      If Ms. Kasaks is not good enough to be Chair and CEO of Pacific Sunwear,
      why should she be reelected to your Board?

                                 CHANGE IS NEEDED NOW
                  OUR NOMINEES ARE COMMITTED TO BRINGING THAT CHANGE

      The Committee is seeking to elect three new independent directors who will
      bring to the Board much-needed insight and relevant perspectives and
      reposition the Company for continued and profitable growth and help drive
      shareholder value. When you consider the qualifications of the Committee's
      nominees against the poor track records of the incumbent nominees, we
      think the choice is clear:

            The Committee's Nominees               The Incumbent Directors
      -----------------------------------    -----------------------------------

      Raphael Benaroya: More than 25         Sally Kasaks: Just replaced as
      years of senior level (including       Chair of the Board and CEO of
      CEO) specialty apparel retailing       Pacific Sunwear after it suffered
      and mass consumer marketing            an almost 84% stock price decline
      experience. He is currently            during her tenure. While stock
      Chairman of the Board of Russ          prices can be affected by many
      Berrie, a public company that          factors, she also oversaw a 27%
      specializes in the design, import,     decline in Ann Taylor's stock price
      marketing and distribution of          when she served as CEO from 1992 to
      infant and juvenile consumer           1996.
      products, and has served as the
      Chairman of F.A.O. Schwartz (post
      bankruptcy). He was also the
      Chairman, President and CEO of
      United Retail Group, a public
      specialty retailer of women's
      fashions, from 1989 until its
      successful sale in 2007.

      Jeremy J. Fingerman: More than 20      Norman Matthews: 76 years old; just
      years of mass marketing and brand      recently appointed, not elected, to
      management experience. He most         The Children's Place Board. Has
      recently served as President and       held directorships at several
      CEO of R.A.B. Food Group,              companies that have


                                         -6-
      <PAGE>

      where during his tenure, the           filed for bankruptcy or been
      business grew by more than 50%         liquidated, including Levitz,
      through organic growth initiatives     Lechters(1), and Loehmann's. As
      and acquisitions. Prior to joining     Chairman of Galyan's Trading
      R.A.B., he served as President of      Company, he oversaw seven straight
      the U.S. Soup Division at Campbell     quarters of declining same store
      Soup, during which time the U.S.       sales and an 18% decline in the
      soup franchise generated three         Company's share price over three
      consecutive years of consumption       years following the IPO.
      growth for the first time in 18
      years.

      Ross Glickman: 35 years of             Malcom Elvey: limited retail
      specialty retail and real estate       company experience includes only a
      experience, with extensive             brief stint at Metro Cash and Carry
      expertise in retail real estate        over 30 years ago.
      strategy issues and current market
      developments. He is currently
      Chairman and CEO of Urban Retail
      Properties, a development, leasing
      and management real estate company,
      specializing in retail shopping
      centers, with approximately 28
      million square feet under
      management.

      The Committee believes that its independent nominees have the experience
      and talent necessary to help position the Company to deliver and sustain
      future growth and increase shareholder value, and that the Company's
      nominees do not.

      This upcoming election of directors is about the future of our Company -
      and your vote can make a difference. The choice is clear - by voting on
      the enclosed GOLD proxy card, you can elect three experienced and
      independent Board nominees who are dedicated to protecting and enhancing
      the value of your investment. We urge you to act now to ensure that your
      shares are represented at the upcoming Annual Meeting.

      Remember, even if you previously returned a white proxy card, you have
      every legal right to change your vote. Vote your shares on the GOLD proxy
      by phone or Internet by following the instructions on your GOLD proxy
      card--or by signing dating and returning it in the envelope provided.

      Innisfree M&A Incorporated is assisting the Committee with its efforts to
      solicit your vote. If you have any questions about voting your shares,
      please call Innisfree toll-free at (888) 750-5834.


      Thank you for your support.

      Sincerely yours,

      /s/ Ezra Dabah
      Ezra Dabah, on behalf of
      THE COMMITTEE OF CONCERNED SHAREHOLDERS OF THE CHILDREN'S PLACE

      ---------

      (1)   Matthews resigned less than four months prior to the Company's
            Chapter 11 filing.


                                      -7-
<PAGE>

The Committee urges shareholders to vote FOR its three director nominees on the
GOLD proxy card today - by telephone, Internet or by signing, dating and
returning the GOLD proxy card. Innisfree M&A Inc. is acting as proxy solicitor
for the Committee and can be reached toll-free at (888) 750-5834.

Moelis & Company is serving as financial advisor and Cadwalader, Wickersham &
Taft LLP is serving as legal counsel for the Committee.

--------------------------------------------------------------------------------

      Your Vote Is Important, No Matter How Many Or How Few Shares You Own.

     If you have questions about how to vote your shares, or need additional
assistance, please contact the firm assisting us in the solicitation of proxies:

                           INNISFREE M&A INCORPORATED
                   Shareholders Call Toll-Free: (888) 750-5834
               Banks and Brokers May Call Collect: (212) 750-5833

                                    IMPORTANT

   We urge you NOT to sign any White proxy card sent to you by The Children's
                                     Place.

 If you have already done so, you have every right to change your vote by using
  the enclosed GOLD proxy card to vote TODAY--by telephone, by Internet, or by
 signing, dating and returning the GOLD proxy card in the postage-paid envelope
                                    provided.

--------------------------------------------------------------------------------

Important Information

In connection with The Children's Place's 2009 Annual Meeting of Shareholders,
the Committee filed a definitive proxy statement on Schedule 14A with the SEC on
June 17, 2009 containing information about the solicitation of proxies for use
at The Children's Place's 2009 Annual Meeting of Shareholders. The definitive
proxy statement and the GOLD proxy card were first disseminated to shareholders
of The Children's Place on or about June 17, 2009. SHAREHOLDERS OF THE
CHILDREN'S PLACE ARE URGED TO CAREFULLY READ THE DEFINITIVE PROXY STATEMENT
BECAUSE IT CONTAINS IMPORTANT INFORMATION. The Committee may file other
additional proxy solicitation material in connection therewith from time to
time. The definitive proxy statement and other documents relating to the
solicitation of proxies by the Committee will be available at no charge on the
SEC's website at http://www.sec.gov. In addition, the Committee will provide
copies of the definitive proxy statement and other relevant documents without
charge upon request. Request for copies should be directed to our proxy
solicitor, Innisfree M&A Incorporated, at 1-888-750-5834.

Ezra Dabah, Renee Dabah, Stanley Silverstein, Raine Silverstein, Barbara Dabah,
Gila Goodman, Raphael Benaroya, Jeremy Fingerman, Ross Glickman and Emanuel
Pearlman may be deemed to be participants in the solicitation of proxies with
respect to the Committee's nominees. Information about each of the participants
is available in the definitive proxy statement filed by the Committee with the
SEC on June 17, 2009 in connection with the solicitation of proxies for the 2009
annual meeting of The Children's Place shareholders. Information about the
participants' direct or indirect interests in the matters to be considered at
the 2009 annual meeting of Shareholders of The Children's Place, including by
security ownership or otherwise, is also contained in the definitive proxy
statement.


                                      -8-
</TEXT>
</DOCUMENT>
</SUBMISSION>
