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Gymboree Mulls Closing Half of its Stores a Year After Declaring Bankruptcy

As we settle into the new year, our Sourcing Summit Companion Report looks ahead at ways to optimize processes and performance.

Children’s retailer Gymboree could close up to half of its remaining stores to skirt a second round of bankruptcy. When the children’s wear retailer declared bankruptcy in September of 2017, it was able to cut its debt down by $1 billion while only losing about a quarter of its 1,291 stores. Current information from Gymboree places…

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