Attached files

file filename
EX-10.4 - EXHIBIT 10.4 - CHRISTOPHER & BANKS CORPexhibit104-collateralagree.htm
EX-10.3 - EXHIBIT 10.3 - CHRISTOPHER & BANKS CORPexhibit103-escrowagreement.htm
EX-10.2 - EXHIBIT 10.2 - CHRISTOPHER & BANKS CORPexhibit102-leaseagreementf.htm
EX-10.1 - EXHIBIT 10.1 - CHRISTOPHER & BANKS CORPexhibit101-purchaseagreeme.htm
8-K - 8-K - CHRISTOPHER & BANKS CORPform8k_saleleaseback.htm


Exhibit 99.1

exhibit991pressreleas_image1.gif
        
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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