Gymboree is closing 4 Twin Cities stores as it shutters 350 nationwide

Posted July 13, 2017

Seven of the locations are in Colorado.

The Gymboree Corp. based in San Francisco had filed for Chapter 11 bankruptcy protection in June and operated a total of 1,281 stores, including 582 Gymboree stores, in April, according to the company's website.

Although the company didn't say when the stores would be shut down, closing sales at affected stores begin Tuesday.

The Colorado locations are in FlatIron Crossing mall in Broomfield, Cherry Creek shopping center in Denver, Foothills Fashion Mall in Fort Collins, Mesa Mall in Grand Junction, Promendade Shops at Centerra in Loveland, Orchard Town Center in Westminster and Aspen Grove in Littleton.

Gymboree once had a store at ShoppingTown Mall in DeWitt, which has closed. "Importantly, we will continue to operate a majority of our stores and will continue to deliver quality merchandise and superior service to our customers at our Gymboree, Janie and Jack and insane 8 brands".

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The list includes Gymboree stores at Destiny USA in Syracuse, Walden Galleria near Buffalo, Oakdale Mall in Johnson City and Wilton Mall in Saratoga Springs.

Gymboree's announced store closures track closely in number with early reports about an impending restructuring as well as Gymboree's early bankruptcy filings, though the children's apparel retailer said in court documents, shortly after filing for bankruptcy, it could close up to 450 stores.

Gymboree operates about 1,280 stores under the Gymboree, Janie and Jack, and insane 8 banner.

The bankruptcy was widely expected after Gymboree refused to pay some of its bills in recent months, placing the retailer on a collision course with creditors.

Since December, the mall has lost several stores, including Sears, Aeropostale, The Limited, New York & Co., Wet Seal, Simply Mac, Family Christian and Vanity.