All Gymboree stores are closing, including the sole Tucson store, which is located at La Encantada shopping center at Skyline & Campbell.
Shaz Kahng, Gymboree Group CEO, explained: "We will wind-down our Gymboree, Gymboree Outlet, and Crazy 8 businesses and close those stores."
Local store representatives at La Encantada were unaware of any specific timeline about the store's closure or further discounts.
As of today, all regularly priced items in the store are 30% off. Clearance items are an additional 50% off.
Meanwhile, there may still be hope for upscale brand Janie & Jack and the online part of the company. Special Situations Investing Group "has agreed to acquire the Janie & Jack business and the intellectual property and online business of Gymboree." From there, an auction will be held to achieve the highest offer.
Editor's Note: We visited the store at La Encantada today. Prices seemed the same as the norm.