Gymboree
For the second time in two years, Gymboree Group Inc. will be filing for bankruptcy and, as such, reported they would be closing a few of their stores in 2020. Gymboree has reported they will be closing over 800 Crazy 8 and Gymboree stores in the U.S. and Canada. The Children’s clothing retailer has since stopped taking online transactions, and like they had filed for bankruptcy in 2017 when they closed a few of their stores, they are now offering huge sales on all items.
Charlotte Russe
By the end of 2020, all 500 stores of Charlotte Russe across the nation will be closed. The chain had already closed 94 of their stores and announced that by April’s end, there would be a mass closure. A lot of the stores are now offering sales up to 60% off on all items, and they have already canceled all possible online purchase options. April 2019 saw Charlotte Russe be taken over with a new ownership, announcing that one-hundred retail spots would open once more.