Content about Christopher & Banks

September 10, 2013

Christopher & Banks Corp. reported a loss of $265,000 for the quarter ended Aug. 4, narrowed from a $2.2 million loss in the year-ago period.

Minneapolis -- Christopher & Banks Corp. reported a loss of $265,000 for the quarter ended Aug. 4, narrowed from a $2.2 million loss in the year-ago period. Sales edged up 1% to $104.2 million from $103.4 million, and same-store sales climbed 7.7%.

Under the leadership of CEO LuAnn Via, the company is in the early stages of a turnaround, with store openings on tap for both fiscal 2013 and a longer-term three-year period.

November 30, 2012

Christopher & Banks said its net income totaled $3.6 million for the quarter ended Oct.27, compared with a loss $13.7 million in the year-age period.

Minneapolis -- Christopher & Banks said its net income totaled $3.6 million for the quarter ended Oct.27, compared with a loss $13.7 million in the year-age period.

Revenue rose 2%, to $117.3 million from $114.6 million. The chain has closed more than 100 stores during the last year, but strong sales at its existing locations boosted revenue. Same-store sales rose 13.7%.

Christopher & Banks noted that effective Nov.26, LuAnn Via joined the company as president and CEO.

October 29, 2012

Christopher & Banks Corp. said it has named LuAnn Via president and CEO, effective Nov. 26.

Minneapolis -- Christopher & Banks Corp. said Monday it has named LuAnn Via president and CEO, effective Nov. 26.

Via, also named to the retailer’s board of directors, succeeds Joel Waller, who will remain in a consultative capacity through June 30, 2013.

Since July 2008, Via has served as president and CEO of Payless ShoeSource, a subsidiary of Collective Brands, which recently was acquired.

 

December 14, 2011

Christopher & Banks Corp. said Wednesday it has named Joel N. Waller as president for a one-year term, effective immediately.

Minneapolis -- Christopher & Banks Corp. said Wednesday it has named Joel N. Waller as president for a one-year term, effective immediately. He will report to Larry Barenbaum, CEO.

Waller, who is charged with revitalizing the business and putting the company back on track to profitability, was most recently a consultant to various retail companies, including AM Retail Group, Inc./Wilsons Leather. He served as CEO of Wet Seal from 2005 to 2008, and as chairman and CEO of Wilsons Leather before that.

November 11, 2011

Christopher & Banks Corp. announced Friday that it will close about 100 underperforming stores over the next three months, as part of a restructuring plan that also includes format consolidations and workforce reductions.

Minneapolis -- Christopher & Banks Corp. announced Friday that it will close about 100 underperforming stores over the next three months, as part of a restructuring plan that also includes format consolidations and workforce reductions.

The women’s apparel retailer said it plans to complete most of the store closings by the end of January 2012, and will accelerate plans to convert or consolidate a number of its existing Christopher & Banks and CJ Banks stores into dual-format stores.

October 27, 2011

Alliance Data Systems Corp. said Thursday that it has signed a new long-term agreement to provide private-label credit card services for Christopher & Banks.

Dallas -- Alliance Data Systems Corp. said Thursday that it has signed a new long-term agreement to provide private-label credit card services for Christopher & Banks.

Under terms of the agreement, Alliance Data will provide Christopher & Banks and CJ Banks with private-label credit card services, as well as beefed-up loyalty benefits.

January 10, 2011

Christopher & Banks Corp. announced Monday that it has named Larry Barenbaum as president and CEO, effective immediately.

Minneapolis -- Christopher & Banks Corp. announced Monday that it has named Larry Barenbaum as president and CEO, effective immediately.

Barenbaum has served as Interim CEO since October 19, 2010.

October 20, 2010

Christopher & Banks said Tuesday that its CEO Lorna Nagler has “resigned all positions with the company to pursue other interests” of Larry Barenbaum will serve as interim CEO while the company searches for a permanent top executive.

Minneapolis -- Christopher & Banks said Tuesday that its CEO Lorna Nagler has “resigned all positions with the company to pursue other interests” of Larry Barenbaum will serve as interim CEO while the company searches for a permanent top executive. He will continue in his role as chairman.

Christopher & Banks also said that effective immediately, chief merchandise officer Susan Connell is no longer with the retailer. Jules Rouse, who was general merchandise manager until 2008, will return to that position.

October 19, 2010

Christopher & Banks said Tuesday that its CEO Lorna Nagler has “resigned all positions with...

July 15, 2010

Christopher & Banks Corp. has appointed Michael Lyftogt as interim CFO....

March 8, 2010

Christopher & Banks Corp. has launched its “Friendship Rewards” loyalty program across its business of...

July 30, 2008

The company will close all 36 Acorn stores in 14 states. The closures will impact...

June 26, 2008

Christopher & Banks said net income fell about 3% to $11.3 million in the first...

January 2, 2008

Minneapolis Christopher & Banks Corp. said Thursday its same-store sales fell 1% in December. But...

December 27, 2007

Minneapolis Christopher & Banks Corp. said Thursday its fiscal third-quarter profit rose 11% on higher...

April 4, 2007

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January 5, 2006

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September 26, 2005

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September 26, 2005

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