The Children's Place has filed for Chapter 11 bankruptcy protection. The company plans to sell most of its assets. As part of this process, its Fort Payne distribution center will permanently close. This closure will result in the layoff of 593 workers. The facility is scheduled to shut down on January 5, 2027.
Fort Payne, Alabama
https://www.rocketcitynow.com/article/money/business/bankruptcy-filing-sets-key-dates-for-childrens-place-selloff-fort-payne-layoffs-loom-jan-5/525-2cb2d704-f157-4fd2-a2da-1e6b87082db8