Christopher & Banks to close all stores
Christopher & Banks, a Minnesota-based fashion retailer that specializes in women’s clothing for the age 40-60 demographic, announced Jan. 13 that it was closing all stores amid a Chapter 11 bankruptcy.
Store closing sales, to be conducted by Hilco Merchant Resources, have begun at more than 400 nationwide locations, including two in Delaware. The retailer had locations at the Concord Mall in north Wilmington and at the Tanger Outlets in Rehoboth Beach.
Customers will find discounts between 40% and 60% off original prices on all merchandise. Christopher & Banks online sales will continue but closing discounts will not apply to online purchases.
“The closing stores feature an abundant assortment of merchandise at very significant price reductions. Customers will save on their favorite apparel for work, play and special occasions,” a spokesperson for Hilco Merchant Resources stated in a press release. “We encourage shoppers to visit their nearby location now and take advantage of these tremendous savings before it’s too late.”
Store fixtures are also being sold as part of these closing sales.
The chain was founded in 1956 as Braun’s Fashions in Minneapolis and became a publicly traded company in 1992. It was re-branded as Christopher & Banks in 2000, and briefly operated an associated plus-size store.