Close Gymboree Is Filing For Bankruptcy And Closing Up to 450 Stores In order to wriggle free of it's over $1 billion dollars of debt, retailer Gymboree has filed for Chapter 11 bankruptcy. Josh King has the story (@abridgetoland). KREM 11:04 AM. PDT June 13, 2017 TRENDING VIDEOS Witness describes Payette plane crash 'I'm so glad you're home,' father to Otto Warmbier Judge refuses to lower bond for AMBER Alert dad Master Refrigeration Fire Hottest A.C. Sale This Summer - The Deal Guy VERIFY: Has District 81 lowered graduation standards? Thousands gather for Fremont Solstice Parade March for Racial Justice Judo Competiton Championship More Stories Docs: Murder suspect stabbed victim with machete… Nov 21, 2017, 3:04 p.m. Lewiston Police locate double homicide suspect in Oregon Nov 21, 2017, 10:30 a.m. 'It isn't a traditional classroom': Sacred Heart… Nov 21, 2017, 3:52 p.m.