Business & Tech
Christopher & Banks Store at Southridge Mall May Close
The struggling women's retailer aims to close 100 stores nationwide as part of a restructuring plan.
Women's clothing retailer Christopher & Banks will be closing approximately 100 stores nationwide by the end of January 2012, according to a new report from The Business Journal.
The store at Southridge Mall is one of 761 stores in 45 states operated by the company, which also includes 472 'Christopher & Banks' stores, 238 of its plus-size 'CJ Banks' stores, 28 dual-concept locations, and 23 outlet stores.
There are Christopher & Banks stores at Bayshore, Brookfield Square, Regency Mall and the Pleasant Prairie Outlet.
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There was no immediate word about which of the stores would close.
According to the report, the company plans to lay-off workers from it's home office, restructure leases for the stores that stay open and combine others into the dual-concept format.
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The company's headquarters is in Plymouth, Minnesota.
