In its second-largest acquisition, Amazon buys the company for $970 million.
Eric Bauer will oversee information technology and other areas for the apparel retailer.
Specialty apparel retailer The Children’s Place Retailer Stores Inc. has hired a new chief operating officer. Eric Bauer will report to CEO Jane Elfers and manage the retailer’s supply chain, planning and allocation, store operations, finance, information technology and real estate.
The Children’s Place is No. 127 in the Internet Retailer Top 500 Guide. Bauer spent eight years at Gap Inc., No. 24 in The Guide, where his last job was executive vice president, brand operations/chief operating officer for Gap North America. He was in charge of the apparel retailer’s Canadian operations, along with such areas as store operations, finance and real estate. He also worked as senior vice president and chief financial officer for Banana Republic, which is owned by Gap.
"Eric brings a wealth of knowledge and proven operational expertise to The Children's Place," says Elfers. "His international background, coupled with hands-on experience leading finance, planning and allocation, store operations, real estate and information technology will be a tremendous asset. I look forward to partnering with him as we continue to pursue our key growth initiatives."
Earlier this year, The Children’s Place named Bruce Marshall as senior vice president and managing director of international business development.