Children's Place Retail Stores Inc. has signed a non-binding letter of intent to buy Disney's retail chain, over a year after Disney announced plans to sell (see 'Disney Still Seeking Retail Store Buyer').  The agreement provides for Children's Place to operate the Disney stores under a long-term license with Disney. 

 

Children's Place currently operates 715 retail stores selling children's apparel, and has a high internal growth rate. 

 

Disney's European retail operation, also for sale for over a year, is still on the block.