Report: Gymboree preparing to file for bankruptcy and close all 900 of its stores
New reports indicate that children's clothing retailer Gymboree Group Inc. is expected to file for bankruptcy protection and make plans to close all of its remaining stores as early as this week , the San Francisco-based company will file for bankruptcy for the second time in two years and liquidate its Gymboree, Crazy 8 and Janie and Jack stores. Gymboree has about 900 stores in the U.S. and Canada including its Gymboree, Janie and Jack, and Crazy 8 locations, according to the company's website. The Wall Street Journal reported that the ...
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