Last month, children’s clothing retailer Gymboree announced that it would be filing for Chapter 11 bankruptcy to help it get out from more than $1.4 billion in debt. Part of its reorganization would also include closing some stores, and a month later, the chain has released its initial list of store closings. [More]
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Gymboree Files For Bankruptcy, To Close Hundreds Of Stores
By 6.12.17
Retail-watchers have predicted the impending bankruptcy of children’s clothing store Gymboree, and the filing has finally arrived. The chain, which has 1,281 stores between its Gymboree, Gymboree Outlet, Janie and Jack, and Crazy 8 chains, said in a bankruptcy court filing that it plans to close as many as 450 of its stores, but stay in business while cutting its substantial debt. [More]
Report: Gymboree Could Close 350 Stores, Bankruptcy May Come Next Week
By 5.5.17
Kids’ clothing chain Gymboree isn’t failing, exactly, but it’s doing business under a massive debt load. Now “people familiar with the matter” say that the chain is planning to close up to 350 of its 1,300 stores, and that its bankruptcy filing could come as soon as next week. [More]
Gymboree Rumored To Be Prepping For Bankruptcy, So Use Your Gift Cards Now
By 4.11.17
Do you have a Gymboree gift card, or items to return or exchange? Stop putting that shopping trip off, because there are reports that the debt-laden children’s clothing retailer and enrichment class provider might be preparing to file for Chapter 11 bankruptcy soon. [More]
Gymboree And UPS Worked Together To Make My Life Incredibly Awkward
By 9.17.10
Caitlin has a bit of advice: if you plan to order from Gymboree and have some items shipped to you and other items shipped to a friend as a gift, don’t order all of the items in the same transaction. Maybe not on the same day. She writes that the company messed up her order in every way short of losing it or sending the wrong items, and has put her in the awkward position of having to ask her friend to send what appeared to be a gift, but was actually Caitlin’s order, to Caitlin. Gymboree, for its part, blames UPS. [More]
