Tuesday, January 15, 2019

Gymboree reportedly set to file for bankruptcy

Chain Store Age
Gymboree Corp. is reportedly very close to its second Chapter 11 bankruptcy protection in less than two years.

The children’s apparel retailer is expected to file for bankruptcy protection as soon as this week, reported CNBC. As part of the process, Gymboree expects to shutter nearly all of the roughly 900 stores it operates under its three banners, the report said.. . . more