Gymboree is reportedly planning to close all 900 of its stores

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    • #12205
      N2Doc
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      • Total Posts: 8,266

      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.

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      https://www.sfgate.com/technology/businessinsider/article/Gymboree-is-reportedly-planning-to-close-all-900-13532213.php

    • #12414
      eridani
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      • Total Posts: 6,476

      Retail is a crappy business to be in right now if you only do brick and mortar.

      Jesus: Hey, Dad? God: Yes, Son? Jesus: Western civilization followed me home. Can I keep it? God: Certainly not! And put it down this minute--you don't know where it's been! Tom Robbins in Another Roadside Attraction

    • #13240
      Cold Mountain Trail
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      • Total Posts: 9,802

      gee, wonder why.  not.  retail and bricks and mortar are dying, thanks to Lord Bezos of Mordor.

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