Monday, June 12, 2017

Gymboree Is The Newest Retailer to File for Bankruptcy

In a June 11 announcement, The Gymboree Corporation has voluntarily filed for Chapter 11 bankruptcy, citing its nearly $1 billion debt as the main reason. The filing will allow it to restructure and pay off its massive debt, and Gymboree says it expects to maintain operations as they are at most of its current stores. This filing comes... 

Read More »

The post Gymboree Is The Newest Retailer to File for Bankruptcy appeared first on Save Money with FatWallet.



from Save Money with FatWallet http://ift.tt/2sfo0oB

No comments:

Post a Comment