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Pedestrians walk past a Gymboree Corp. store in San Francisco, California, U.S., on Thursday, May 25, 2017. Gymboree may be preparing to file for bankruptcy as it seeks to reorganize its debt load and may transfer control to its leaders as the company faces an interest payment on its debt June 1. Photographer: David Paul Morris/Bloomberg via Getty Images

Pedestrians walk past a Gymboree Corp. store in San Francisco, California, U.S., on Thursday, May 25, 2017. Gymboree may be preparing to file for bankruptcy as it seeks to reorganize its debt load and may transfer control to its leaders as the company faces an interest payment on its debt June 1. Photographer: David Paul Morris/Bloomberg via Getty Images