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A slew of national retailers have already filed for bankruptcy in 2019.
Gap is buying a high-end kid’s fashion line as the company tries to escape its cheap image and spins off Old Navy
Gap plans to acquire Janie and Jack.
The number of retail stores closing this year just doubled to more than 4,000 — here’s the full list
The record-high rate of store closures over the last couple years is expected to continue in 2019.
Gymboree will close all stores under the Gymboree and Crazy 8 banners and pursue a going-concern sale for its Janie and Jack stores.
Gymboree previously filed for bankruptcy in June 2017 and closed nearly 400 stores in the process.
Gymboree, the San Francisco-based kids' clothing store, relaunched this week with a new, trendy look, after filing for bankruptcy in June 2017. But some parents aren't happy about its new designs.
Gymboree says it will close up to 450 stores.