Gymboree files for bankruptcy again, closing some 900 North American stores

Gymboree Group filed for bankruptcy this week and plans to close some 900 Gymboree and Crazy 8 stores in North America. The San Francisco-based children’s clothing company also has an agreement with Special Situations Investing Group, an affiliate of Goldman Sachs Group, to become the lead bidder for the chain’s Janie and Jack stores and other company assets, according to the Wall Street Journal. Gymboree first filed for bankruptcy protection in June 2017, weighed down […]

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