Payless and Gymboree announced that they are closing all retail stores! I’m sad to hear about this news as I have often found gems at Payless for a great price and Gymboree has always been known for it’s quality clothing.
This is the second time both stores have filed for bankruptcy. Payless will be closing all remaining retail stores in the U.S. and Puerto Rico. Liquidation sales have already started as of Sunday, February the 17th.
Gymboree has already started marking down their inventory. I was there last weekend and they had items marked down at about 30-50% off at my store. The remaining 900 stores will be closed across the U.S.
What do you think about the stores closing? Let me know in the comments below!