December 5, 2021

Acqua NYC

Fit And Go Forward

Christopher & Banks closing stores, files for bankruptcy due to ‘stress’ of pandemic

Christopher & Banks specialty women’s apparel retailer today said it has filed for Chapter 11 bankruptcy and will close most “if not all” stores but expects to continue its online store with a new owner.

The Minneapolis-based retailer said in a news release that it “expects to close a significant portion, if not all, of its brick-and-mortar stores and, in connection therewith, the Company has launched a store closing and liquidation process.”

It also said it is “in active discussion with potential buyers” for its online store.

“Since the start of the COVID pandemic, we have taken aggressive steps to protect our business while continuing to serve our customers in a healthy and safe environment,” said Keri Jones, president and Chief Executive Officer.

“Despite the tremendous advancements we have made in executing our strategic plan, due to the financial distress resulting from the pandemic and its ongoing impact, we elected to initiate this process and pursue a potential sale of the business in whole or in part to position the company for the future.

I want to extend my deepest gratitude to our dedicated associates, loyal customers and supportive partners for their commitment to Christopher & Banks throughout these challenging times.”

Christopher & Banks said as of yesterday, it operates 449 stores in 44 states consisting of 315 MPW stores, 76 Outlet stores, 31 Christopher & Banks stores, and 28 stores in its women’s plus size clothing division CJ Banks.


  • JCPenney, Pier 1 Imports, Chuck E. Cheese’s, Friendly’s, other chains filed for bankruptcy in 2020.

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