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Disney eyes return to retail counter


March 21, 2008 The company said Thursday that it has been negotiating for months to take back control of the U.S. Disney Store chain that it licensed more than three years ago to Children's Place. "Given the right size of the portfolio, it will be the same here," said Gary Foster, senior vp at Disney Consumer Products. Children's Place runs 335 Disney Stores and will shoulder the cost for shutting down more than 100 of them before Disney reclaims control of the chain.

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