Gymboree is about to shut its doorways after submitting for chapter for the second time in two years.
What shops are affected?
This closure will embrace each Gymboree, Gymboree Outlet and Loopy eight retailer within the US and Canada. For now, their Janie and Jack model will stay obtainable whereas the corporate explores a attainable sale of that department.
Per the Gymboree web site, the closures will occur “quickly.” Some shops are slated to shut as early as this week, with others following on an undisclosed timeline.
The superb print
Starting this week, search for “going out of enterprise” gross sales at Gymboree, Gymboree Retailers, and Loopy eight shops – that’s the excellent news.
The dangerous information, apart from all these folks dropping their jobs, is Gymboree is now not accepting GymBucks or Gymboree rewards.
Their reward card coverage can be unclear. On their FAQ web page, Gymboree states, “We’ve requested the U.S. Chapter Courtroom for authorization to honor return insurance policies, merchandise credit, and reward playing cards for 30 days.” How this performs out in particular person shops could range, and we’ll see if additional clarification is issued within the coming days.
Adjustments can even be made to their return coverage. As soon as going out of enterprise gross sales begin, all gross sales can be remaining.
In the event you’re part of Gymboree Play & Music courses, although, don’t fear. This portion of the corporate was bought in 2016, and isn’t affected by the chapter announcement.
One factor we discovered from the Infants ‘R’ Us closure final yr is that issues change rapidly as soon as chapter is introduced. Don’t hesitate to talk up within the feedback if you realize one thing we don’t.
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