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Gymboree is going out of business, but the news is not all bad

Allie Early
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Allie Early
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We're in disbelief—and already mourning the loss of another great children's brand (R.I.P Toys "R" Us). Gymboree, a beloved toddler and newborn clothing destination for many on the East Coast, is now closing for good. Can we please have a moment of silence for its adorable matching shoe, accessory and outfit sets?

After filing for bankruptcy a second time (the first just two years ago), the brand will shutter all stores and host both in-store and online going-out-of-business sales. The news comes at a time when infant and children's apparel sales, as a whole, dipped almost six percent in November and December of 2018, according to Bloomberg, and Gymboree's net retail sales had dropped by a brutal 27%. Janie & Jack, Gymboree's upscale children's brand, seems to be faring a bit better, and "a unit of Goldman Sachs Group Inc. is leading bids."

On the bright side, the sales are very real, cheap and happening right now. You can find discounts at your local Gymboree store, as well as heavily discounted outerwear, onesies, sets and shoes/accessories online for as cheap as $6.49.

Those with Gymboree gift cards: Be sure to use them within 30 days (starting January 18th, 2019) to redeem, because they will soon no longer be valid.

Still on the hunt for cute duds? Browse our guide to local kid's clothing stores.

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