children's clothing store with a presence at University Town Center, will remain open following an acquisition of the brand by Gap Inc. Janie and Jack, a former Gymboree Group Inc. "They over-expanded, especially in this kind of retail environment, as dollars really transfer to online retail," he said. Retail analyst Jeff Green, president of Jeff Green Partners, said that Gymboree's main problem was that its brick-and-mortar presence was too big. The children's clothing retailer, which is closing all of its Gymboree and Crazy 8 stores nationwide, still had plenty of shirts, jackets, pants and the like at its Sarasota store as of Tuesday afternoon. Tenants like Kurtos Chimney Cakes, Kahwa Coffee, Kendra Scott and Shoes di Oggi have all joined the mall in recent months, and Cosmo Nail Bar is scheduled to move in soon.Īt Gymboree, on the upper level near Dillard's, signs said that everything in the store is 60 to 70 percent off. Prom dress shop Russian Roulette recently took over the space next to Mayors on the upper level. When Mimmic closed in January at the end of its lease, the mall quickly announced that Vans would take its place. After Brookstone closed there last summer because of a company restructuring and bankruptcy filing, the mall replaced it with Elite Home Gamerooms. The Sarasota mall has dealt with several store closures for various reasons since it opened in 2014, but unlike other local malls, University Town Center is able to fill empty retail spaces consistently. Home decor seller Z Gallerie, also on the lower level, filed for bankruptcy on Tuesday, but court documents show that its Mall at University Town Center store will remain open. Things Remembered, which was next to Icing on the ground floor next to Dillard's, is gone, a little more than a month after the specialty gifts retailer filed for bankruptcy. Gymboree and Charlotte Russe are in their last few days at the 4-year-old mall, in the southwest corner of Interstate 75 and University Parkway in Sarasota County. Bankruptcy filings from three national retailers have resulted in planned or completed store closings at the Mall at University Town Center, as the mall prepares to reopen its expanded Lululemon store and welcome Vans to Sarasota later this year.
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