Skip to main content

Christopher & Banks closing stores for good, laying off 361 people at Plymouth facility

The layoffs began earlier this month and will continue through March.

Plymouth-based retailer Christopher & Banks is laying off more than 300 workers in Minnesota as it moves to permanently close due to the COVID-19 pandemic. 

In a WARN letter to the state of Minnesota, which is required by law, Christopher & Banks said it is permanently closing, which is resulting in the permanent layoffs of 361 people from its Plymouth headquarters. 

The initial layoffs began on Jan. 15 and will continue through early to mid-March, when the women's clothing business will be fully closed. 

"The company has experienced, and continues to experience, liquidity constraints as a result of the COVID-19 pandemic," the letter states. "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."

The letter is dated Jan. 12 and was released by the state on Jan. 25. On Jan. 14, Christopher & Banks announced it had filed for Chapter 11 bankruptcy protection. At that time, the company said it expected to close a "significant portion, if not all, of its brick-and-mortar stores," noting it has launched a store closing and liquidation process.

Sign up: Subscribe to our BREAKING NEWS newsletters

It also said it is in "active discussion with potential buyers for the sale of its eCommerce platform and relate assets and expects to file the appropriate motion shortly."

Back in December, Christopher & Banks said it was considering filing for bankruptcy or selling the company because sales hadn't recovered amid the pandemic. 

Braun's Fashions opened in Minneapolis in 1956 and rebranded to Christopher & Banks in 2000, according to the company's website. The company operates nearly 450 stores nationally, mostly in smaller markets with populations of fewer than 75,000 people. 

The latest forecast from Novak Weather

Next Up

Eric Reinbold

Reinbold guilty of murdering wife with 'particular cruelty'

Eric Reinbold, 46, was convicted of two counts of murder in the second degree in Pennington County Friday.

police tape

Armed assault suspect arrested after standoff in Waite Park

The standoff ended early Saturday when officer obtained a warrant for the home.

Screen Shot 2022-10-02 at 9.06.25 AM

3 dead after plane crashes into house in Hermantown

Two people in the house were uninjured.

FeDh7pUWAAg3NMd

Destructive fire at Maple Grove greenhouse and nursery

The fire burned early Sunday morning at a longtime Maple Grove greenhouse and nursery.

st. cloud state university hockey

SCSU player hospitalized after being taken off ice on stretcher

Luedtke was checked into the boards in the first period and down for a reported 10-15 minutes.

Amber alert wisconsin

Amber Alert in Wisconsin: Search for missing 15-year-old girl

Police believe 15-year-old Kryssy King may be with a 22-year-old man.

Screen Shot 2022-10-01 at 10.18.12 AM

3 St. Paul fast food restaurants robbed in space of an hour

The thieves struck between 7:15 p.m. and 8 p.m.

Screen Shot 2022-10-01 at 9.06.40 AM

What to do with the Kmart site? Minneapolis wants your ideas

The project will connect Nicollet Avenue south of Lake street and north of the Midtown Greenway, reestablishing a street grid.

Screen Shot 2022-10-01 at 7.53.55 AM

Crowd evacuated at end of homecoming football game in Brooklyn Park

Police blamed 'unruly teens' in the stands and some who were trying to enter the stadium.

gas

State to help 44 Minnesota gas stations add E15 pumps

The yellow 88 button is coming to more gas stations in Minnesota.

Related

christopher and banks

Christopher & Banks considers selling or bankruptcy as sales struggle

The Plymouth-based women's retailer hasn't seen sales recover amid the pandemic.

Screen Shot 2019-08-10 at 9.53.23 PM

Choo Choo Bob's Train Store is closing for good

The popular St. Paul children's toy store is holding a moving sale this weekend.

3M Maplewood

Aramark laying off more than 200 workers from 3M facilities

3M is no longer working with Aramark as of April 30, prompting the layoffs.

Flickr_dressbarn

Dressbarn to close all of its stores, including 13 in Minnesota

The women's clothing chain has been struggling for profitability.

hotel

Coronavirus: Mall of America hotel laying off nearly 100 workers

The Radisson Hotel Group earlier this month laid off workers from its downtown Minneapolis hotel.

hudson news

More permanent layoffs for workers at MSP airport shops

It's the latest round of layoffs affecting airport employees due to declining air travel amid the COVID-19 pandemic.

suit shopping

Men's Wearhouse, Jos. A. Bank owner files for bankruptcy

Suit sales have dropped as more people work from home during the pandemic.