Login

Christopher & Banks Becomes First Big Retail Chain in 2021 To File for Chapter 11

Women’s Fashion Chain To Close ‘Significant Portion’ of 449 US Stores
Christopher & Banks plans to close stores like this one in Hillsboro, Oregon. (Steve Morgan/Wikipedia Commons)
Christopher & Banks plans to close stores like this one in Hillsboro, Oregon. (Steve Morgan/Wikipedia Commons)
By Jennifer Waters
CoStar News
January 14, 2021 | 9:16 P.M.

The next wave of retail bankruptcies has begun: Women’s fashion retailer Christopher & Banks has filed for Chapter 11 protection, becoming the first major casualty in 2021 of the “financial distress” the pandemic keeps afflicting on the industry.

This news story is available exclusively to CoStar subscribers.

Watch the video to learn how you can access industry leading CRE news and the data analytics you need to drive success.

This news story is available exclusively to CoStar subscribers.

Ready to Learn More?

Sign Up For a Personalized Demo.

Sign Up For a Demo To Learn More.

Already A Subscriber? Sign In

IN THIS ARTICLE