The Children's Place Retail Stores Inc today said August sales increased 2 per cent to $57.1 million compared to $56.2 million in the same month last year.

The apparel and accessories retailer said comparable store sales for the four-week period decreased 16 per cent as compared to a 9 per cent decrease for the prior year period.

Sales for the 30 weeks ended 31 August 2002, increased 8 per cent to $358.3 million from $333.0 million reported in the year-ago period. Year-to-date, comparable store sales decreased 11 per cent versus a 9 per cent decrease in the prior year period. Year-to-date, the Company has opened 95 stores.