Gymboree closing 350 stores after filing for bankruptcy

FILE - In this Monday, Oct. 4, 2010, file photo, Susi Ortiz, right, buys children's clothing at the Gymboree store at the Westside Pavilion Shopping Center in Los Angeles. Children's clothing retailer Gymboree Corp. is filing for Chapter 11 bankruptcy protection, the latest sign of traditional retailers' struggles as shoppers shun stores and buy online. Gymboree is the latest retailer to file Chapter 11, close stores or go out of business entirely in 2017. (AP Photo/Damian Dovarganes, File)

SAN FRANCISCO (AP) – Children’s clothing seller Gymboree Corp. is closing 350 stores 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 are scheduled to begin next Tuesday.

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