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Christopher and Banks

Christopher and Banks

Christopher and Banks

This article is adapted from a real-life story, of a British GI, who served in the United States Army in World War II, and how he and his best friend were later reunited in the hospital as they were dying.

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In a press release Wednesday iMedia Brands announced a “licensing partnership” with ReStore Capital LLC, another Hilco company, under which it will operate the Christopher & Banks business. ReStore Capital LLC defines itself as a “commercial finance and alternative investment firm providing capital solutions to leading retailers and consumer products companies.”

www.retaildive.com)"The Christopher & Banks customer is a practical, middle-aged Midwestern woman who largely buys apparel for specific events, whether it be going to the movies, out to dinner, holiday parties or other social gatherings," Jones said in early December, according to a Seeking Alpha transcript. "In the absence of these types of social engagements during COVID, her demand for outfitting is simply lower." (Source:

Christopher

"The Christopher & Banks customer is a practical, middle-aged Midwestern woman who largely buys apparel for specific events, whether it be going to the movies, out to dinner, holiday parties or other social gatherings," Jones said in early December, according to a Seeking Alpha transcript. "In the absence of these types of social engagements during COVID, her demand for outfitting is simply lower."

www.retaildive.com)"The Christopher & Banks customer is a practical, middle-aged Midwestern woman who largely buys apparel for specific events, whether it be going to the movies, out to dinner, holiday parties or other social gatherings," Jones said in early December, according to a Seeking Alpha transcript. "In the absence of these types of social engagements during COVID, her demand for outfitting is simply lower." (Source:

Retailer

In a press release Wednesday iMedia Brands announced a “licensing partnership” with ReStore Capital LLC, another Hilco company, under which it will operate the Christopher & Banks business. ReStore Capital LLC defines itself as a “commercial finance and alternative investment firm providing capital solutions to leading retailers and consumer products companies.”

At the time it filed, the company kept its options open but acknowledged that finding a buyer for some portion of its roughly 450 physical stores was likely not possible. While it pursued a sale of its e-commerce business, the retailer started the process of liquidating its store footprint. (Source: www.retaildive.com)

 

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