MINNEAPOLIS (WSIL) -- Christopher & Banks Corporation announced Thursday that it has  due to losses resulting from the COVID-19 pandemic.
The company stated it expects to close a "significant portion, if not all, of its brick-and-mortar stores," and has launched a store closing and liquidation process.
The company stated it is in active discussion with potential buyers for the sale of its eCommerce platform and related assets and expects to file the appropriate motion shortly.
Christopher & Banks Corporation is a Minneapolis-based specialty retailer featuring exclusively designed privately branded women’s apparel and accessories.
The company currently operates 449 stores in 44 states including one in the University Mall in Carbondale.
The company also operates .