SAN FRANCISCO (CBS/AP) — Children’s clothing store Gymboree is reportedly preparing to close all 900 retail locations and file for bankruptcy.Brockton High School Student Charged After Snapchat Photo Prompts 'Stay In Place' Order
The company operates its namesake stores as well as Crazy 8 and Janie and Jack shops.READ MORE: Hopkinton High School First In State To Drop Mask Mandate
Gymboree has already closed about 400 stores. The Gymboree website says there are still 19 store locations within 50 miles of Boston.
Gymboree was taken private in 2010 when it was bought by private equity firm Bain Capital for $1.8 billion.MORE NEWS: Pfizer Says Its COVID-19 Vaccine More Than 90% Effective In Kids Ages 5-To-11
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