The Retail Industry’s Casualty Report: Gymboree Files for Bankruptcy

According to a recent CNN Money report, another giant retailer is struggling to keep its head above water. Gymboree, a children’s clothing retailer, recently filed for bankruptcy under Chapter 11 to restructure and attempt to stay in business. While the retailer is not at death’s door quite yet, Moody’s, a credit rating firm, recently included Gymboree in a list of 19 retailers ...Read the full article