Kids' apparel retailer Gymboree closing 16 IL stores

Adjust Comment Print

Gymboree filed for Chapter 11 bankruptcy protection in June and said at the time it would close as many as 450 stores. Seven of the locations are in Colorado.

In order to ensure a seamless experience for customers, the company has partnered with Great American Group and Tiger Group to help manage the closing sales in its Gymboree, Gymboree Outlet and insane 8 stores.

Closing sales at affected stores are scheduled to begin next Tuesday.

More news: Wimbledon 2017: Top seed Angelique Kerber lives to fight another day

The chain is closing Central Florida stores at Altamonte Mall, West Oaks Mall in Ocoee and Seminole Town Center in Sanford.

Five of the 350 locations set to close are in NY, including four in Upstate, according to the company. Gymboree Corp. also sells children's clothing and merchandise under the Janie and Jack brand.

Gymboree's website now lists eight stores and outlet locations in metro Denver, three in Fort Collins-Loveland, two in Colorado Springs, and one each in Summit County and Grand Junction.

More news: Takata recalls another 2.7M airbags

Gymboree once had a store at ShoppingTown Mall in DeWitt, which has closed.

In Southern California, the company is shutting Gymboree stores in Los Angeles, Redondo Beach, Barstow, Carlsbad, El Cajon, El Centro, Santa Ana and Westminster; Crazy 8 stores in Corona and Westminster; and a Janie and Jack store in Thousand Oaks.

Like other retailers, Gymboree buckled amid declining mall traffic, fixed rental costs and online competition.

More news: 5th ODI live on TV, online

Comments