Attached files
file | filename |
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EX-10.4 - EXHIBIT 10.4 - CHRISTOPHER & BANKS CORP | exhibit104-collateralagree.htm |
EX-10.3 - EXHIBIT 10.3 - CHRISTOPHER & BANKS CORP | exhibit103-escrowagreement.htm |
EX-10.2 - EXHIBIT 10.2 - CHRISTOPHER & BANKS CORP | exhibit102-leaseagreementf.htm |
EX-10.1 - EXHIBIT 10.1 - CHRISTOPHER & BANKS CORP | exhibit101-purchaseagreeme.htm |
8-K - 8-K - CHRISTOPHER & BANKS CORP | form8k_saleleaseback.htm |
Exhibit 99.1
2400 Xenium Lane North, Plymouth, MN 55441 ▪ (763) 551-5000 ▪ www.christopherandbanks.com
Christopher & Banks Corporation Announces Closing of Corporate Headquarters Sale-Leaseback Agreement
MINNEAPOLIS, MN April 30, 2018 – Christopher & Banks Corporation (NYSE: CBK) today announced that it has closed on its agreement with a private, unaffiliated investor group to sell and lease back its Plymouth, MN corporate headquarters for a purchase price of $13.65 million.
About Christopher & Banks
Christopher & Banks Corporation is a Minneapolis-based national specialty retailer featuring exclusively designed privately branded women’s apparel and accessories. As of April 30, 2018, the Company operates 462 stores in 45 states consisting of 314 MPW stores, 79 Outlet stores, 36 Christopher & Banks stores, and 33 stores in its women’s plus size clothing division CJ Banks. The Company also operates the www.ChristopherandBanks.com eCommerce website.
Keywords: Christopher & Banks, CJ Banks, Women’s Clothing, Plus Size Clothing, Petites, Extended Sizes, Outfits.
COMPANY CONTACT: | ||
Marc Ungerman | ||
Interim Chief Financial Officer and | ||
Vice President, Controller | ||
(763) 551-5000 | ||
INVESTOR RELATIONS CONTACT: | ||
Jean Fontana | ||
ICR, Inc. | ||
(646) 277-1214 |
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