Gymboree Closing 350 Stores, Including Esplanade Mall Location, After Filing For Bankruptcy
SAN FRANCISCO (AP) — Children's clothing seller Gymboree Corp. is closing 350 stores, including five in Louisiana, 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.
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.
In Louisiana, the following Gymboree stores will close:
1401 W. Esplanade Ave., #502
Kenner, LA 70065
Mall of Louisiana
6401 Bluebonnet Blvd., Space #1052
Baton Rouge, LA 70836
Mall Saint Vincent
1133 Mall St. Vincent Ave.
Shreveport, LA 71104
Tanger Outlets – Gonzales
2400 South Tanger Blvd., Space #145
Gonzales, LA 70737
Louisiana Boardwalk Outlet
405 Boardwalk Blvd., Suite K-405
Bossier City, LA 71111