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Jan 17 (Reuters) - Children's clothing retailer Gymboree Group Inc filed for Chapter 11 bankruptcy protection, the second time in almost two years, and said on Wednesday it will close more than ...
In 1986, the company opened a chain of clothing stores named Gymboree. Gymboree stores offered coordinating children's clothing. The sizes ranged from newborn to size ten. As of January 2019, it operated 380 Gymboree stores, 154 Gymboree outlets, 147 Janie & Jack stores, 253 Crazy 8 stores, and 11 Crazy 8 outlets in the U.S. and Canada. [2]
Gymboree said it intends to shut its Crazy 8 store locations and cut the number of Gymboree store locations in 2019.
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Janie and Jack is a children's clothing brand founded in 2002 in San Francisco, California. [1] Their current product range includes clothing for newborns up to 24 months old, as well as boys and girls up to age 18. [1] As of 2021, the brand currently operates 115 retail locations in the United States in addition to its online retail platform.
Buy one, get one free. " Buy one, get one free " or " two for the price of one " is a common form of sales promotion. Economist Alex Tabarrok has argued that the success of this promotion lies in the fact that consumers value the first unit significantly more than the second one. So compared to a seemingly equivalent "Half price off" promotion ...
Gymboree Corp (GYMB) surged in extended-hours trading following reports that it is considering selling itself to private equity companies. The stock jumped 19.69% to $49.72 a share as of 7:59 pm ...
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