Gymboree files for bankruptcy, closing hundreds of stores

Gymboree store (Courtesy Gymboree website)

SAN FRANCISCO, CA (WFLA) — Children’s clothing store Gymboree has filed for Chapter 11 bankruptcy, but plans on operating as usual at most of its stores.

The filing is supposed to reduce Gymboree’s debts by at least $900 million, according to CNBC.

Court documents say the company plans to close up to 450 of its stores.

The retailer has more than a thousand stores nationwide under the brands Gymboree, Crazy 8 and Janie and Jack. provides commenting to allow for constructive discussion on the stories we cover. In order to comment here, you acknowledge you have read and agreed to our Terms of Service. Commenters who violate these terms, including use of vulgar language or racial slurs, will be banned. Please be respectful of the opinions of others and keep the conversation on topic and civil. If you see an inappropriate comment, please flag it for our moderators to review.

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