Management had expected a 6% to 7% decline in same-store salesin December, it said in last week's third-quarter earnings release.Customer response to the retailer's product assortment was lessthan favorable during the period, says the company.
Same-store sales during the last 10 months have risen by 3% yearover 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 524Christopher & Banks stores, 218 C.J. Banks units and 37 Acornlocations.
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