Gymboree closing 350 stores, including Wilmington location, after filing for bankruptcy

SAN FRANCISCO (AP/WWAY) – 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 affected stores are scheduled to begin next Tuesday.

Six of the stores are in NC, including the location at Independence Mall in Wilmington. Here’s the list:

• Gymboree
  Northlake 
  6801 North Lake Mall Dr
  Charlotte,  NC
• Gymboree
  Greenville Mall 
  714 SE Greenville Blvd.
  Greenville, NC
• Gymboree
  Valley Hills Mall 
  1960 Highway 70 Southeast
  Hickory, NC
• Gymboree
  Triangle Town Center 
  5959 Triangle Town Blvd.
  Raleigh, NC
• Gymboree
  Hanes Mall 
  3320 Silas Creek Parkway,
  #4432
  Winston-Salem, NC
• Gymboree
  Independence Mall 
  3500 Oleander Mall,
  #D-20
  Wilmington, NC

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