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Tag: Daniel Griesemer

Gymboree Corporation to close approximately 350 stores as part of its court-supervised financial restructuring

Company to Close Approximately 350 Stores Mainly Across Gymboree and Crazy 8 Brands; Allows Company to Focus Resources on Locations with Greatest Potential and Enhance Profitability Court-Supervised Restructuring Process Proceeding As Planned San Francisco, 2017-Jul-14 — /EPR Retail News/ — The Gymboree Corporation (the “Company” or “Gymboree”) today announced that, following a comprehensive evaluation…

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The Gymboree Corporation signs Restructuring Support Agreement with majority of its Term Loan Lenders

Company Continues to Operate Business As Usual Restructuring Facilitated through Voluntary Chapter 11 Filing Will Reduce Debt by Over $900 Million Vast Majority of Trade Creditors Critical to Business Expected to be Paid in Full Secures $35 Million in New-Money Financing to Support Operations San Francisco, 2017-Jun-13 — /EPR Retail News/ — The Gymboree Corporation (the “Company”…

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EPR Retail News