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Posts with tag: gymboree | Return to ShoppingBlog.com Homepage
Gymboree Expanding Crazy 8 Store Chain
Marketwatch reports that children's clothing retailer Gymboree has announced plans to expand its Crazy 8 store chain. Gymboree plans to add 75 to 100 new Crazy 8 stores this year. Gymboree is also planning to enter the Middle East.
It also has signed its first retail franchise agreement with Azadea Holding Group, which represents brands such as Zara and Mango, to expand its brand into the Middle East, which includes the United Arab Emirates, Saudi Arabia and Egypt among others.
TheStreet.com reports that investors have gone crazy for the Crazy 8 expansion. Crazy 8 is Gymboree's lower-priced children's clothing store chain, which should be popular as the weak economy lingers.
Posted on March 11, 2010
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Holiday Deal: Gymboree Offering 25% Off and Free Shipping
Children's apparel retailer Gymboree is currently offering 25% off for a limited time. They are also offering free shipping on any purchase, no minimum.
This is just one of many current holiday shopping deals. You can find a list of over 200 holiday shopping deals here on shoppersshop.com.
Posted on December 12, 2009
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Children's Place Sales Climb as Gymboree's Fall
 Reuters reports that Children's Place sales are up while 3rd quarter sales at the more expensive children's Gymboree fell. Gymboree's Q3 comparable store sales were down 4%. Reuters said the kids category was one of the worst performing categories for several retailers in October.
Third quarter net sales at Children's Place Retail Stores Inc topped estimates at Wall Street as the retailer gained favor with thrifty shoppers, even as more expensive rival Gymboree Corp saw third-quarter sales miss the mark.
Kids apparel has been a weak link for many retailers this month, with Dillard's Inc., Kohl's Corp and Target Corp naming the segment among their worst performing categories.
Children's Place shares were up 8 percent in morning trade on Nasdaq, while Gymboree shares were down 7 percent.
The lower-priced discount stores have been faring much better during the economy. Parents and families are probably sharing more hand me downs when it comes to children clothes now than they have in recent years. The trend will probably continue until people have a reason to spend more money which probably won't happen until we have a jobs recovery.
Posted on November 7, 2009
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