Crazy 8s, a children’s clothing chain operated by Gymboree, is closing, the company announced.

The move comes after a “comprehensive review” of strategic operations for the Gymboree, Crazy 8 and Janie and Jack brands. All company-owned Crazy 8 locations will be closed and the number of Gymboree stores will be “significantly” reduced in 2019, according to a release from owners Gymboree Group.

“We are optimistic about our future as a more streamlined organization that can deliver enhanced, long-term value to its stakeholders. Our team remains focused on delivering the quality children's clothing and accessories and exceptional service that our customers have come to expect from us,” said Shaz Kahng, Gymboree Group CEO.

There are more than 295 Crazy 8 locations in the U.S., most located in malls.

The stores will remain open through the holiday season and are “fully stocked,” the company said.

Gymboree filed for bankruptcy last year as its debt reached more than $900 million. At the time, Gymboree closed about 375 of its 1,128 stores, emerging from bankruptcy in September 2017. Reuters reported last week the company was considering filing for bankruptcy a second time and has hired consulting firm Berkley Research Group LLC to assist in evaluating its options.