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). WCSH 2:05 PM. EDT June 13, 2017 TRENDING VIDEOS 97-year-old stern woman NEWS CENTER Video Forecast School over summer jobs? NEWS CENTER Video Forecast Sanford residents reflect on abandoned buildings NOW: Shark sightings Sanford Mill Fire Investigation BG's Maine Ambajejus Boom House Firefighters battle massive blaze in Sanford Former director makes special visit to Camp Agawam More Stories Maine CDC investigating case of measles, first case… Jun 27, 2017, 12:30 p.m. Lewiston man who pleaded guilty to suffocating son… Jun 27, 2017, 12:51 p.m. LePage on budget: 'I believe we're gonna shut down… Jun 27, 2017, 10:11 a.m.