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Gymboree to close all stores after filing for bankruptcy

Posted: 8:57 AM, Jan 17, 2019
Updated: 2019-01-17 09:00:48-05
Gymboree.JPG

INDIANAPOLIS — Gymboree will close all of its Indiana locations and hundreds more across the country after the company filed for bankruptcy.

The retailer based in San Francisco filed for Chapter 11 Bankruptcy protection late Wednesday evening, according to ABC News.

The filing comes just days after a report surfaced indicating that the retailer would close most of its stores.

The San Francisco company said late Wednesday that it will close all of its Gymboree and Crazy 8 stores and attempt sell its Janie and Jack business, intellectual property and online business.

This is the second time that Gymboree has filed for bankruptcy in 18 months. In July 2017, the retailer closed 350 stores when it filed for bankruptcy.

The following central Indiana locations are expected to close:

Gymboree

The Fashion Mall at Keystone
8701 Keystone Crossing, Suite 40A
Indianapolis, IN 46240

Clay Terrace
14311 Clay Terrace Blvd., Suite #120
Carmel, IN 46032

Hamilton Town Center
13185 Harrell Pkwy., Suite #400
Noblesville, IN 46060

Edinburgh Premium Outlets
3140 Outlet Drive, Suite F060
Edinburgh, IN 46124

Tippecanoe Mall
2415 Sagamore Pkwy, Space #F-06 B
Lafayette, IN 47905

Crazy 8

Castleton Square
6020 East 82nd Street, Space #916
Indianapolis, IN 46250

Greenwood Park Mall
1251 U.S. 31 North, Suite #C01E
Greenwood, IN 46142

Hamilton Town Center
13976 Town Center Blvd., Suite #400
Noblesville, IN 46060

Tippecanoe Mall
2415 Sagamore Pkwy, Space #F-06 B
Lafayette, IN 47905

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