Hilco Merchant Resources will advise Christopher & Banks on the company’s store closing sales after it filed for Chapter 11. Closing sales have begun at 400 stores nationally, with products 40% to 60% off original prices.
“The closing stores feature an abundant assortment of merchandise at very significant price reductions. Customers will save on their favorite apparel for work, play and special occasions,” a spokesperson for Hilco Merchant Resources said. “We encourage shoppers to visit their nearby location now and take advantage of these tremendous savings before it’s too late.”
Store fixtures are also being sold at reduced prices as part of these closing sales. Christopher & Banks’ online sales will continue and closing discounts will not apply to online purchases.
Hilco Merchant Resources provides analytical, advisory, asset monetization and capital investment services for retailers.