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Christopher & Banks

Christopher & Banks

A Christopher & Banks store at a mall in Oregon

A Christopher & Banks store at a mall in Oregon

Christopher & Banks is an American retail company headquartered in the Minneapolis suburb of Plymouth, Minnesota, that specializes in women's clothing for the age 40-60 demographic.[2]

Christopher & Banks
Type
Public
Traded asNYSE: CBK [9]
IndustryRetail
Founded1956
FounderGil Braun
Headquarters
Plymouth, Minnesota
,
United States
Number of locations
672 (March 2012)
Key people
Keri Jones, CEO[1]
ProductsWomen's clothing
DivisionsCJ Banks (Plus Size)
Websitewww.christopherandbanks.com [10]

History

The chain was founded in 1956 as Braun's Fashions in Minneapolis. It became a publicly traded company in 1992, and was re-branded as Christopher & Banks in 2000.[3] Also in 2000, the chain founded a second brand, CJ Banks, which is a plus-size clothing store.[4]

In November 2004 Christopher & Banks acquired the Acorn Stores chain and operated it as a third retail concept.[5] Christopher & Banks announced on July 31, 2008, that they intended to close Acorn and followed through with this plan, closing all 36 Acorn stores by the end of the year.[6]

On April 4, 2005, The Company restated its consolidated statements of income for the fiscal years ended March 1, 2003 and February 28, 2004, as well as for interim periods within the fiscal year ended February 26, 2005, to present the amortization of construction allowances as a reduction of rent expense instead of a reduction of depreciation expense.[7]

In 2014, the company began phasing out CJ Banks stores, and combining the plus-size lines into Christopher & Banks stores. In cases where such stores were adjacent, the stores were combined into one larger store.[8]

References

[1]
Citation Linkwww.startribune.comKumar, Kavita (1 February 2018). "Keri Jones, former Target executive, is named CEO of Christopher & Banks". Star Tribune.
Sep 24, 2019, 4:55 AM
[2]
Citation Linkir.christopherandbanks.comChristopher and Banks Corporation Investor Relations
Sep 24, 2019, 4:55 AM
[3]
Citation Linkwww.highbeam.comMoore, Janet (2000-05-25). "Braun's seeks to don new name". The Star-Tribune. Archived from the original on 2012-11-06. Retrieved 2009-02-26. Cite uses deprecated parameter |dead-url= (help)
Sep 24, 2019, 4:55 AM
[4]
Citation Linkwww.christopherandbanks.com"Christopher & Banks history". Christopher & Banks. Archived from the original on 2009-03-02. Retrieved 2009-02-26. Cite uses deprecated parameter |dead-url= (help)
Sep 24, 2019, 4:55 AM
[5]
Citation Linkwww.accessmylibrary.com"Christopher & Banks Corp. completed its acquisition of Acorn stores from Gilmore Bros". Christopher & Banks. 2004-12-01. Retrieved 2010-09-01.
Sep 24, 2019, 4:55 AM
[6]
Citation Linkwww.acornstores.com"Acorn". Christopher & Banks. Archived from the original on 2010-09-09. Retrieved 2010-09-01. Cite uses deprecated parameter |deadurl= (help)
Sep 24, 2019, 4:55 AM
[7]
Citation Linkorigin-www.lexisnexis.com"EXHIBIT 99 - Additional Exhibit CHRISTOPHER & BANKS CORP".
Sep 24, 2019, 4:55 AM
[8]
Citation Linkwww.bizjournals.comhttp://www.bizjournals.com/twincities/news/2014/10/02/christopher-banks-sizes-cj-banks-consolidation.html?page=all
Sep 24, 2019, 4:55 AM
[9]
Citation Linkwww.nyse.comCBK
Sep 24, 2019, 4:55 AM
[10]
Citation Linkwww.christopherandbanks.comwww.christopherandbanks.com
Sep 24, 2019, 4:55 AM
[11]
Citation Linkwww.startribune.com"Keri Jones, former Target executive, is named CEO of Christopher & Banks"
Sep 24, 2019, 4:55 AM
[12]
Citation Linkir.christopherandbanks.comChristopher and Banks Corporation Investor Relations
Sep 24, 2019, 4:55 AM
[13]
Citation Linkweb.archive.org"Braun's seeks to don new name"
Sep 24, 2019, 4:55 AM
[14]
Citation Linkwww.highbeam.comthe original
Sep 24, 2019, 4:55 AM
[15]
Citation Linkweb.archive.org"Christopher & Banks history"
Sep 24, 2019, 4:55 AM
[16]
Citation Linkwww.christopherandbanks.comthe original
Sep 24, 2019, 4:55 AM
[17]
Citation Linkwww.accessmylibrary.com"Christopher & Banks Corp. completed its acquisition of Acorn stores from Gilmore Bros"
Sep 24, 2019, 4:55 AM
[18]
Citation Linkweb.archive.org"Acorn"
Sep 24, 2019, 4:55 AM
[19]
Citation Linkwww.acornstores.comthe original
Sep 24, 2019, 4:55 AM
[20]
Citation Linkorigin-www.lexisnexis.com"EXHIBIT 99 - Additional Exhibit CHRISTOPHER & BANKS CORP"
Sep 24, 2019, 4:55 AM