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Mashantucket Christopher & Banks Corp., a Minneapolis-based specialty women’s apparel retailer, announced Thursday it has filed for Chapter 11 bankruptcy and will close many of its stores nationwide, including one in the Tanger Outlets at Foxwoods Resort Casino and two others in Connecticut.
“The company 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,” the company said in a news release. “The Company, however, will continue to operate its business in the ordinary course in the near term, and . is in active discussion with potential buyers for the sale of its ecommerce platform and related assets .”
Thirty Christopher & Banks stores are slated to close in Pennsylvania, including two in the Lehigh Valley: a store at The Outlets at Wind Creek Bethlehem and at Crest Plaza at 1620 N. Cedar Crest Blvd. in South Whitehall Township, according to a list released by Hilco.