Christopher & Banks Closing All Stores Including Miller Hill Mall
Women's clothing retailer Christopher & Banks will close its Miller Hill Mall store and over 400 stores nationwide by March.
Christopher & Banks is headquartered in Plymouth, MN and will lay off over 350 people at its main office as it works to close permanently after they filled for Chapter 11 bankruptcy earlier this month.
Christopher & Banks Corp. submitted a WARN letter to the state on Minnesota early in January and in it CEO Kari Jones wrote, "Although the Company has been attempting to attract new investors and financing to maintain its business operations, the Company was unable to obtain the required capital, and the Company’s current cash position is such that the Company has insufficient funds to maintain its business operations.”