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Has The Children’s Place Figured Out How to Beat Amazon?

May 20, 2023
in Trade Tube
Reading Time: 1 min read
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Children’s Place CEO Jane Elfers sat down with Tracy Byrnes in one of its showrooms (filled with 2017 holiday wear!) to discuss the company’s four-tiered approach to competing with Amazon and Social Media. Elfers said they implemented their own “self-help initiatives” that have helped keep their product uber current. She has only been with the company since 2010, but she has brought tons of traffic to their stores and whopping 130% appreciation to the stock.

The company recently reported first quarter 2017 earnings that beat on top and bottom line estimates, and overall was “remarkable,” says TheStreet’s Jim Cramer.

source

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