Gymboree stores at CityPlace, Delray Marketplace, and the Boynton Beach Mall are among 350 stores slated to be closed. The company operates 1,281 retail stores under the Gymboree, Janie and Jack and Crazy 8 brands.
Liquidation sales at stores slated for closure are already underway, according to the company’s website.
“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,” Daniel Griesemer, President and CEO of Gymboree, said in a statement released in June. “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.
Gymboree also has stores at the Palm Beach Outlets, The Mall at Wellington Green and the Town Center at Boca Raton.
More than 40 Outback, Carrabba’s, Bonefish Grill and Flemings restaurants will be closing by the end of the year, the restaurants’ parent company Bloomin’ Brands Inc. announced in February.