Christopher & Banks gets out of business
The women’s clothing company said it applied for Chapter 11 on Thursday due to “the financial hardship caused by the epidemic and its continuing impact.” Christopher & Banks, which has about 400 websites in 44 states, said it would shut down a “significant portion” of stores and was in “active discussion” to sell its website.
Christopher & Banks admitted in the latest earnings release that Covid-19 has particularly disrupted the shopping habits of women who shop in stores that offer more formal wear. The company said they were becoming more pragmatic shoppers, opting for leisure wear over social bonding clothing.
“베이컨 닌자. 알코올 전문가. 자랑스러운 탐험가. 열렬한 대중 문화 애호가.”