Jan. 17, 2019 By Christian Murray
Gymboree Group, a retailer of children’s clothes, announced today that it has filed for Chapter 11 bankruptcy and will be shutting down all its stores.
Gymboree, which has about 900 stores in North America under the names Gymboree and Crazy 8, has two Queens locations. The corporation’s two Queens stores are located at Atlas Park in Glendale–one a Gymboree the other a Crazy 8.
The company did not provide details as to when the Atlas Park stores–or any of its other stores–will close.
More than a dozen U.S. retailers, including Sears and Toys R US, have filed for bankruptcy since the start of 2017. Other retailers are in the process of closing stores—such as Kohl’s—as they succumb to e-commerce giants such as Amazon.
Gymboree, a San Francisco-based company, started making children’s clothing more than 30 years.