Type to search

News Briefs

Christopher & Banks to close all stores

avatar
Share

Christopher & Banks will close one of its stores at the Concord Mall. | PHOTO COURTESY OF ALLIED PROPERTIES

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.

Get the free DBT email newsletter

Follow the people, companies and issues that matter most to business in Delaware.

You Might also Like

Leave a Comment

Your email address will not be published. Required fields are marked *

Get the DBT Book of Lists

The definitive publication of contacts and key information from over 1,500 of Delaware's top businesses and organizations across 60 industries. 

No, thank you.
Delaware Business Times Book of Listis

Free for a limited time! (Normally $50)

Stay updated with our free email newsletter

Keep up with the issues, companies and people that matter most to business in Delaware.

No, thank you.