Christopher&Banks news and archive

Andrea Kellick leaves Target to become Chief Merchandising Officer at Christopher & Banks

American womenswear retailer Christopher & Banks has announced the appointment of Andrea Kellick to the position of Senior Vice President, Chief Merchandising Officer. Set to join the company on July 16, Kellick will be responsible for merchandising, product development and sourcing, according to a statement published today. Kellick is joining...

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Business

Christopher & Banks seals leaseback agreement for the sake of greater financial flexibility

The U.S. womenswear chain, which operates 462 stores in 45 states, has secured a 13.65 million dollars agreement with a private, unaffiliated investor group to sell and lease back its corporate headquarters. The company expects the deal “to provide greater financial flexibility as we execute on our strategic initiatives to drive improved...

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Report

Christopher & Banks seals leaseback agreement for the sake of greater financial flexibility

The U.S. womenswear chain, which operates 462 stores in 45 states, has secured a 13.65 million dollars agreement with a private, unaffiliated investor group to sell and lease back its corporate headquarters. The company expects the deal “to provide greater financial flexibility as we execute on our strategic initiatives to drive improved...

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Management|ANALYSIS Featured

Christopher & Banks struggles to figure out what customers want

US apparel retailer Christopher & Banks seems to struggle to understand what its customers actually want. The apparel retailer has just reported another drop in quarterly earnings and profits Tuesday. The past months, Christopher & Banks has seen its sales have plummet, dragging the stock to barely 1 dollar a hare, its lowest level in more than...

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