Photo: Damian Dovarganes/ASSOCIATED PRESS

Click ahead to view 34 companies that could be the next to announce mass store closures. less

Click ahead to view 34 companies that could be the next to announce mass ... more

34 companies that could be the next to announce mass store closures

34 companies that could be the next to announce mass store closures

Forever 21

Forever 21

Neiman Marcus

Neiman Marcus

Toys R Us

Toys R Us

J. Crew

J. Crew

Ruby Tuesday

Ruby Tuesday

Tailored Brands

Tailored Brands

Ascena

Ascena

Bloomin Brands

Bloomin Brands

Fresh Market

Fresh Market

Guitar Center

Guitar Center

GNC

GNC

99-Cents Only

99-Cents Only

Gymboree

Gymboree

Charming Charlie

Charming Charlie

Tuesday Morning

Tuesday Morning

Rite Aid

Rite Aid

Conn's

Conn's

Trans World

Trans World

Fred's

Fred's

Noodles & Co.

Noodles & Co.

Lumber Liquidators

Lumber Liquidators

Charlotte Russe

Charlotte Russe

Tops Markets

Tops Markets

Claire's

Claire's

Sears Holdings

Sears Holdings

Ignite

Ignite

Perfumania

Perfumania

National Stores

National Stores

Shopko

Shopko

Rent-A-Center

Rent-A-Center

Bravo Brio

Bravo Brio

Le Chateau

Le Chateau

Another retailer has filed for bankruptcy

The children's clothing retailer Gymboree filed for Chapter 11 bankruptcy protection late Sunday.

Themall-based chain says it plans to remain in business during its restructuring, but willclose 375 to 450 stores out of its fleet of its 1,281 locations.

The company employs more than 11,000 workers.

Gymboree says the restructuring will reduce its debt by more than $900 million and position the company for "long-term success."

"We expect to move through this process quickly and emerge as a stronger organization that is better positioned in todays evolving retail landscape, with the right size store footprint and greater financial flexibility to invest in Gymborees long-term growth," Gymboree CEO Daniel Griesemer said in a statement.

With the filing, Gymboreejoins a long list of other retailers that have filed for bankruptcy this year, including Rue21, Payless ShoeSource, Hhgregg, The Limited, RadioShack, BCBG, Wet Seal, Gormans, Eastern Outfitters, and Gander Mountain.

Already, more retailers have filed for bankruptcy this year than throughout all of last year.

If Gymboree closes 375 stores, it would bring the number of retailclosures this yearto more than 5,460.

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Another retailer has filed for bankruptcy - mySanAntonio.com