Gymboree

The Gymboree Corporation
Public
Industry Retail
Founded 1976
Headquarters San Francisco, California, The USA
Number of locations
 Gymboree: 629
Gymboree Outlet: 139
Janie and Jack: 119
Crazy 8: 220 (January 2010)[1]
Key people
 Mark Breitbard (CEO)
Products Children's clothes & Toys
Services Play activities
Revenue $920.81m (2007)[2]
Owner Bain Capital
Number of employees
 9,500 (4,300 full-time equivalents)[3]
Slogan A concentrated focus on pleasing every customer.
Website http://www.gymboree.com
Gymboree headquarters
500 Howard Street
San Francisco, CA

The Gymboree Corporation is an American, San Francisco-based corporation that operates a chain of over 1200 specialty retail stores of children's apparel in the United States, Puerto Rico and Canada. It has nearly 650 Play and Music centers worldwide. Bain Capital acquired the company in 2010.

History

Play & Music Centers

Play centers are located across the United States, Puerto Rico, and Canada. It has expanded its franchises in 36 countries including Mexico, Dominican Republic, Colombia, Brazil, China, Ecuador, India, Saudi Arabia. In addition, Gymboree franchises nearly 300 Gymboree Play & Music centers around the globe.

Retail stores

A Gymboree retail store

In 1986, the company opened a chain of clothing stores named Gymboree. Gymboree stores offer coordinating children's clothing. The sizes range from birth to age twelve. Gymboree, in its current incarnation (it has reorganized several times) is incorporated under the Gym-Mark, Inc nameplate. It currently operates 630 Gymboree Retail, 150 Gymboree Outlet, 130 Janie & Jack, and 290 Crazy 8 stores in the United States.

Crazy 8 was started in August, 2007. It features lower priced clothing and is Gymboree's direct competitor for The Children's Place and Old Navy.

Lawsuits

In November, 2005, Gymboree settled a lawsuit relating to overtime compensation in Riverside, California for $2.3 million. The lawsuit alleged that Gymboree did not pay some mandatory overtime or provide required meal breaks.[4]

References

  1. ↑ Gymboree 2010 Annual Report
  2. ↑ http://www.privco.com/private-company/the-gymboree-corporation
  3. ↑ http://ir.gymboree.com/EdgarDetail.cfm?CIK=786110&FID=1193125-07-70930&SID=07-00
  4. ↑ "Gymboree settles overtime suit for $2.3M". San Francisco Business Times. 21 November 2005. Retrieved 3 April 2012.

External links

Wikimedia Commons has media related to Gymboree.
This article is issued from Wikipedia - version of the Monday, January 18, 2016. The text is available under the Creative Commons Attribution/Share Alike but additional terms may apply for the media files.