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In 1986, the company opened a chain of clothing stores named Gymboree. Gymboree stores offered coordinating children's clothing. The sizes ranged from newborn to size ten. As of January 2019, it operated 380 Gymboree stores, 154 Gymboree outlets, 147 Janie & Jack stores, 253 Crazy 8 stores, and 11 Crazy 8 outlets in the U.S. and Canada. [ 2]
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Gymboree and Crazy 8 closed on August 12, 2017, as part of a plan to close 300 stores nationwide. On January 4, 2018, it was announced that Sears would be closing as part of a plan to close 103 stores nationwide. The store closed in April 2018, making it the last original anchor store to close. As of January 2021, the space is still vacant.
Gymboree first announced in the summer of 2017 that it would close 375 to 450 stores, and subsequently announced in January 2019 that it would be shutting down all Gymboree and Crazy 8 stores after its second bankruptcy filing in two years. [140] [141] Its more upscale Janie and Jack business was sold to Gap. [142]
Gymboree is the second U.S. retailer to file for bankruptcy on Wednesday. Earlier, Shopko Stores, a general merchandise store operator, filed a voluntary petition in Nebraska.
Gymboree said it intends to shut its Crazy 8 store locations and cut the number of Gymboree store locations in 2019.
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