Gymboree closing 350 stores after filing for bankruptcy, including 2 in NH
SAN FRANCISCO (AP) — Children's clothing seller Gymboree Corp. is closing 350 stores as its works to restructure in bankruptcy.
The San Francisco-based company said Tuesday that it's mostly closing Gymboree and Crazy 8 stores. It also operates Janie and Jack stores. The company will have more than 900 locations after the stores are shut down.
Two of the locations closing are in New Hampshire:
Mall of New Hampshire
1500 S. Willow Street
Fox Run Mall
50 Fox Run Road, #L11
Gymboree filed for bankruptcy protection in June. Traditional retailers have been struggling to deal with strong competition from online companies and slowing mall traffic.
The closing sales at affected stores are scheduled to begin next Tuesday.