Gymboree is reportedly planning to close all 900 of its stores

Facebook/Gymboree

• Gymboree is reportedly planning to file for bankruptcy protection and close all 900 of its stores. 
• The company filed for bankruptcy as recently as June 2017 and closed nearly 400 stores in the process.
• Gymboree did not immediately respond to a request for comment.

Gymboree is reportedly nearing liquidation. 

The children's clothing retailer is expected to file for bankruptcy protection this week and plans to close all 900 of its stores, which include the brands Gymboree, Janie and Jack, and Crazy 8, The Wall Street Journal reports, citing people familiar with the matter.

See the rest of the story at Business Insider

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from Business Insider https://read.bi/2VVwVrw