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Gymboree to file for bankruptcy, close 900 stores: Report

 
Anonymous Coward
User ID: 74866562
United States
01/15/2019 10:30 AM
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Gymboree to file for bankruptcy, close 900 stores: Report
[link to www.foxbusiness.com (secure)]


Children’s clothing retailer Gymboree will file for bankruptcy for the second time in two years, according to a report.

The brand is expected to liquidate all of its remaining 900 stores, the Wall Street Journal reported, citing sources familiar with the matter. The decision came weeks after the company said it had begun a strategic review of Gymboree, Janie and Jack and Crazy 8, the three brands it operates, with an eye toward a potential sale.

Company officials have yet to determine a course of action for the Janie and Jack brand, according to the report. Without a buyer, the brand’s stores could also liquidate.
beeches

User ID: 74276477
United States
01/15/2019 10:33 AM

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Re: Gymboree to file for bankruptcy, close 900 stores: Report
never went there, were the clothes any good?
you didn't write that post, someone else did it for you!
Anonymous Coward (OP)
User ID: 74866562
United States
01/15/2019 10:35 AM
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Re: Gymboree to file for bankruptcy, close 900 stores: Report
never went there, were the clothes any good?
 Quoting: beeches


They sell children's clothing. I've never been to any of their stores.
rosicrucian1

User ID: 76960994
Canada
01/15/2019 10:35 AM
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Re: Gymboree to file for bankruptcy, close 900 stores: Report
can't be good for business if nobody goes to there stores..
“the devil is a foe to the blood” Prof. Minor