After filing for bankruptcy, The Gymboree Corporation announced Tuesday that it is close approximately 350 stores, mainly across the Gymboree and insane 8 brands.
The Crazy 8 store at the Millenia Crossing shopping center will also close. Closing sales are to start next Tuesday.
Gymboree stores at Valley Square in Warrington and the Montgomery Mall in Montgomery Township are not on the list.
In a release Tuesday, Gymboree Corporation said it would close around 350 of its stores - Gymboree, Janie and Jack and insane 8 - nationwide. The company will have more than 900 combined locations after the stores are shut down.
As of April 29, the company had about 1,281 stores across its Gymboree, Gymboree Outlet, Janie and Jack, and insane 8 brands.Читайте также: Huerter, USA U19 Win Bronze Medal At FIBA World Cup
"Right-sizing our store footprint is a central part of our efforts to ensure Gymboree emerges from this restructuring process as a stronger and more competitive organization", Gymboree President and Chief Executive Daniel Griesemer said in a statement. It is the Gymboree at the West Park Mall in Cape Girardeau, Missouri.
The San Francisco-based children's clothing company filed for Chapter 11 bankruptcy protection.
They are among the 350 stores Gymboree announced Wednesday that it will close as it looks to restructure its business.
Like other retailers, Gymboree buckled amid declining mall traffic, fixed rental costs and online competition.При любом использовании материалов сайта и дочерних проектов, гиперссылка на обязательна.