Management had expected a 6% to 7% decline in same-store sales in December, it said in last week's third-quarter earnings release. Customer response to the retailer's product assortment was less than favorable during the period, says the company.
Same-store sales during the last 10 months have risen by 3% year over year. During that period total sales have jumped 12%, to $473.3 million. During its most recent quarter, which ended Nov. 25, same-store sales were down 1%.
Christopher & Banks ended the fiscal month with 779 stores, compared with 707 at the end of December last year. It operates 524 Christopher & Banks stores, 218 C.J. Banks units and 37 Acorn locations.
© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
