Gymboree Closings: 24 California Stores On The List

Gymboree Corporation announced this week that is will close 350 stores nationwide, including 24 in California, after filing voluntary Chapter 11 petitions with the United States Bankruptcy Court. According to the company website, the restructuring is an attempt to ensure the business’ future. The company also owns the Janie and Jack and Crazy 8 brands, which are also affected by the closures.

Those closures follow other large retailers such as Macy’s, Sears, JCPenney, Payless, Bebe and Radio Shack.

"Today’s announcement represents the next step in the Company’s court-supervised financial restructuring as we work to more strongly position the business for long-term growth and success," Daniel Griesemer, president and CEO of Gymboree, said in a statement.

• These Calif. Retailers On Verge Of Bankruptcy, New Moody's Report Says

"Right-sizing our store footprint is a central part of our efforts to ensure Gymboree emerges from this restructuring process as a stronger and more competitive organization, with greater financial flexibility to invest in our future," he continued. "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 Crazy 8 brands. This was a difficult decision to make, but we are confident that it is in the best long-term interest of our Company, our customers and our broader employee base. I am deeply grateful to our team, their exceptional ongoing dedication and their focus on continuing to put our customers at the center of all we do."

According to Gymboree Corporation, these 14 California Gymboree locations will be closed:

• Stanford Shopping Center: 99 Stanford Shopping Ctr in Palo Alto
• Westside Pavilion: 10800 West Pico Blvd., Suite #379 in Los Angeles
• Main Place: 2800 N. Main St, #544A in Santa Ana
• South Bay Galleria: 1815 Hawthorne Blvd., #282 in Redondo Beach
• Westminster Mall: 2040 Westminster Mall in Westminster
• Capitola Mall: 900 Commons Mall, #G3 in Capitola
• The Shoppes at Carlsbad: 2525 El Camino Real, Suite #131 in Carlsbad
• Parkway Plaza: 415 Parkway Plaza in El Cajon
• Imperial Valley Mall: 3451 South Dogwood Avenue, Suite 1040 in El Centro
• Solano Mall: 1350 Travis Blvd., 1443-B, in Fairfield
• Strawberry Village: 800 Redwood Highway, Suite 310 in Mill Valley
• Newpark Mall: 1039 Newpark Mall in Newark
• Laurel Village: 3407 California Street in San Francisco
• Tanger Outlets - Barstow: 2796 Tanger Way, Suite 365 in Barstow

Crazy 8 locations:

• Crossings at Corona: 3359 Grand Oaks, Suite #105 In Corona
• Eastridge Mall: 2200 Eastridge Loop, Suite 1046 in San Jose, CA
• Powell Street Plaza: 5741 Christie Ave. in Emeryville
• Northgate Mall: 5800 Northgate Mall, Suite #81 in San Rafael
• Woodside Central: 2535 El Camino Real, Suite B in Redwood City
• Westminster Mall: 1025 Westminster Mall in Westminster
• Chico Mall: 1950 East 20th St., Space #B240 in Chico
• Westgate Center: 1600 Saratoga Ave., Suite #413 in San Jose

Janie and Jack locations:

• Chestnut Street: 2108 Chestnut Street in San Francisco
• The Oaks Shopping Center: 300 W. Hillcrest Dr. in Thousand Oaks

The company says closing sales at affected stores will begin on July 18.

See Also:

• 11 Retailers That May Be Closing California Stores In 2017

Photo courtesy Renee Schiavone/ Patch