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Christopher and Banks filed for Chapter 11 bankruptcy protection and says it will close all stores amid COVID-19. Liquidation sales have begun.
After being re-branded Christopher & Banks in 2000, [6] it founded a second brand, CJ Banks (a plus-size clothing store). [7] In November 2004, Christopher & Banks acquired Acorn Stores and operated that chain as a third retail concept. [8] After reporting its intent on July 31, 2008, it closed all 36 Acorn stores by the end of the year. [9]
Christopher & Banks – bankrupted in 2021 from financial loss, because of the COVID-19 pandemic; County Seat – founded in 1973, the denim-focused mall retailer expanded in the 1980s to nearly 500 stores. It filed for bankruptcy in 1996 and shuttered stores, and another bankruptcy in 1999 put the company out of business. [55]
J. Crew closed 61 stores in 2017 and sporadically closed additional individual stores in the first quarter of 2018. [170] On May 4, 2020, J. Crew announced its filing for Chapter 11 bankruptcy. [171] Kenneth Cole Productions shut down its 63 outlet stores in 2016 to focus its efforts on its e-commerce site. [172]
As of October 29, 2012, the Company operates 640 stores in 44 states consisting of 388 Christopher & Banks stores, 172 stores in their women's plus size clothing division CJ Banks, 55 dual stores ...
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