(:CBK)
Business Focus: N/A
Apr 18, 2019 06:30 am ET
Christopher & Banks Corporation Announces Move to Trading on the OTC Markets Group
Christopher & Banks Corporation (NYSE: CBK), a specialty women’s apparel
retailer, today announced that yesterday afternoon it received
notification from The New York Stock Exchange (the "NYSE") informing the
Company that the NYSE has determined to suspend trading of and to
commence proceedings to delist the Company's common stock from the NYSE
because the Company has fallen below the NYSE's continued listing
standard that requires an average global market capitalization of at
least $15.0 million over 30 consecutive trading days.
Apr 10, 2019 06:30 am ET
Christopher & Banks Corporation Announces Engagement of Real Estate Consultant and New Director-Nominee
Christopher & Banks Corporation (NYSE: CBK), a specialty women’s apparel
retailer, today announced the engagement of a leading national
third-party real estate consulting firm specializing in lease
restructuring to accelerate and increase occupancy cost savings. The
targeted goal of this engagement is annualized savings of between $4
million and $7 million.
Mar 13, 2019 06:30 am ET
Christopher & Banks Corporation Reports Fourth Quarter and Full Year Fiscal 2018 Financial Results
Christopher & Banks Corporation (NYSE:CBK), a specialty women’s apparel
retailer, today reported results for the 13-week fourth quarter and
52-week fiscal year ended February 2, 2019, as compared to the 14-week
fourth quarter and 53-week fiscal year ended February 3, 2018.
Feb 27, 2019 06:30 am ET
Christopher & Banks Corporation Announces Fourth Quarter and Full Fiscal Year 2018 Earnings Conference Call
Christopher & Banks Corporation (NYSE: CBK) today announced that its
financial results for the fourth quarter and full fiscal year 2018 will
be released before the market opens on Wednesday, March 13, 2019. The
Company will host a conference call at 8:30 a.m. Eastern Time to discuss
its financial results.
Jan 14, 2019 06:30 am ET
Christopher & Banks Corporation Announces Holiday Sales and Comparable Sales Outlook for the Fourth Quarter of Fiscal 2018
Christopher & Banks Corporation (NYSE:CBK), a specialty women’s apparel
retailer, today announced holiday sales through the first ten weeks of
the fourth quarter and provided a comparable sales outlook for the
fourth quarter of fiscal 2018 ending February 2, 2019.
Dec 20, 2018 04:45 pm ET
Christopher & Banks Corporation Rejects Unsolicited Proposal as Not in the Best Interests of Stockholders
Christopher & Banks Corporation (NYSE: CBK), a specialty women’s apparel
retailer, today announced that the Company’s Board of Directors
unanimously rejected an unsolicited proposal from Carson’s Holdings,
Inc., a subsidiary of CSC Generation Holdings, Inc., to acquire all
outstanding stock of the Company for $0.80 per share. The Board of
Directors, in consultation with its outside financial and legal
advisors, carefully reviewed and considered the Carson’s Holdings’
proposal and determined that the proposal does not reflect the full,
lon
Dec 04, 2018 06:30 am ET
Christopher & Banks Corporation Reports Third Quarter Fiscal 2018 Financial Results
Christopher & Banks Corporation (NYSE:CBK), a specialty women’s apparel
retailer, today reported results for the third quarter ended November 3,
2018.
Nov 20, 2018 08:10 am ET
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In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of The Madison Square Garden Company (NYSE:MSG), Foundation Building...
Nov 20, 2018 06:30 am ET
Christopher & Banks Corporation Announces Reporting Date for Fiscal 2018 Third Quarter Results
Christopher & Banks Corporation (NYSE:CBK) today announced that it plans
to report its fiscal 2018 third quarter results on Tuesday, December 4,
2018, before the market opens. The Company also plans to hold a
conference call to discuss its financial results at 8:30 a.m. Eastern
Time on Tuesday, December 4, 2018.
Sep 05, 2018 06:30 am ET
Christopher & Banks Corporation Reports Second Quarter Fiscal 2018 Financial Results
Christopher & Banks Corporation (NYSE:CBK), a specialty women’s apparel
retailer, today reported results for the second quarter ended August 4,
2018.
Aug 23, 2018 06:30 am ET
Christopher & Banks Corporation Announces Reporting Date for Fiscal 2018 Second Quarter Results
Christopher & Banks Corporation (NYSE: CBK) today announced that it
plans to report its fiscal 2018 second quarter results on Wednesday,
September 5, 2018, before the market opens. The Company also plans to
hold a conference call to discuss its financial results at 8:30 a.m.
Eastern Time on Wednesday, September 5, 2018.
Aug 06, 2018 04:05 pm ET
Christopher & Banks Announces Extension of $50 Million Secured Credit Facility to 2023
Christopher & Banks Corporation (NYSE: CBK), a specialty women's apparel
retailer, today announced it has extended, on substantially the same
terms, its current senior secured revolving credit facility (the
"Amended Credit Facility") in the amount of up to $50 million with Wells
Fargo Capital Finance (“Wells”), part of Wells Fargo & Company (NYSE:
WFC). The Amended Credit Facility provides committed revolving funding
through August 3, 2023, as the prior facility was scheduled to expire in
September 2019. The Amended Credit Facility includes an a
Jul 10, 2018 08:45 am ET
Christopher & Banks Corporation Appoints Andrea Kellick as Senior Vice President, Chief Merchandising Officer
Christopher & Banks Corporation (NYSE:CBK) today announced that Andrea
Kellick will be joining the Company July 16, 2018 as Senior Vice
President, Chief Merchandising Officer. As Chief Merchant, Ms. Kellick
will be responsible for merchandising, product development and sourcing.
Jun 27, 2018 08:45 am ET
Christopher & Banks Corporation Appoints Richard Bundy as Senior Vice President, Chief Financial Officer
Christopher & Banks Corporation (NYSE:CBK) today announced that Richard
Bundy will be joining the Company July 9, 2018 as Senior Vice President,
Chief Financial Officer. Mr. Bundy will lead the Company’s financial and
accounting functions, as well as its distribution and logistics areas.
Jun 15, 2018 04:30 pm ET
Christopher & Banks Receives Continued Listing Standards Notice from NYSE and Announces Intention to Submit a Continued Listing Plan
Christopher & Banks Corporation (NYSE:CBK), a specialty women’s apparel
retailer, announced today that the Company received a Continued Listing
Standards Notice (the “Notice”) from the New York Stock Exchange
(“NYSE”) on June 14, 2018 because (i) the Company’s 30-day trading
average closing price is less than $1.00; and (ii) the Company’s average
market capitalization over a consecutive 30 trading-day period was less
than $50 million and its reported stockholders’ equity was slightly less
than $50 million.
May 31, 2018 06:30 am ET
Christopher & Banks Corporation Reports First Quarter Fiscal 2018 Financial Results
Christopher & Banks Corporation (NYSE:CBK), a specialty women’s apparel
retailer, today reported results for the first quarter ended May 5, 2018.
May 17, 2018 06:30 am ET
Christopher & Banks Corporation Announces Reporting Date for Fiscal 2018 First Quarter Results
Christopher & Banks Corporation (NYSE:CBK) today announced that it plans
to report its fiscal 2018 first quarter results on Thursday, May 31,
2018, before the market opens. The Company also plans to hold a
conference call to discuss its financial results at 8:30 a.m. Eastern
Time on Thursday, May 31, 2018.
Apr 30, 2018 06:30 am ET
Christopher & Banks Corporation Announces Closing of Corporate Headquarters Sale-Leaseback Agreement
Christopher & Banks Corporation (NYSE:CBK) today announced that it has
closed on its agreement with a private, unaffiliated investor group to
sell and lease back its Plymouth, MN corporate headquarters for a
purchase price of $13.65 million.
Apr 23, 2018 06:30 am ET
Christopher & Banks Corporation Announces Signing of Corporate Headquarters Sale-Leaseback Agreement
Christopher & Banks Corporation (NYSE: CBK) today announced that it has
entered into a purchase agreement with a private, unaffiliated investor
group to sell and lease back its Plymouth, MN corporate headquarters for
a purchase price of $13.65 million. The completion of the sale-leaseback
transaction is subject to customary closing conditions. The Company
estimates that the net expense impact in year one of the lease will be
approximately $300,000, including rent expense, net of depreciation
expense and the amortized gain on the sale.
Mar 13, 2018 04:05 pm ET
Christopher & Banks Corporation Announces Employee Inducement Awards Pursuant to New York Stock Exchange Rule 303A.08
Christopher & Banks Corporation (NYSE:CBK) announced today that, in
conjunction with its recent hiring of Ms. Keri Jones as President and
Chief Executive Officer, the Company granted to Ms. Jones time-based
restricted stock and non-qualified stock options as an inducement to her
hiring. The non-qualified stock option consists of a grant of 500,000
shares of the Company’s Common Stock, with an exercise price of $1.03,
representing the closing price on the New York Stock Exchange (“NYSE”)
of one share of the Company’s Common Stock on March 12, 201
Mar 08, 2018 06:30 am ET
Christopher & Banks Corporation Reports Fourth Quarter and Full Year Fiscal 2017 Financial Results
Christopher & Banks Corporation (NYSE:CBK), a specialty women’s apparel
retailer, today reported results for the 14-week fourth quarter and
53-week fiscal year ended February 3, 2018, as compared to the 13-week
fourth quarter and 52-week year ended January 28, 2017.
Feb 22, 2018 04:05 pm ET
Christopher & Banks Corporation Announces Reporting Date for Fiscal 2017 Fourth Quarter and Full Year Results
Christopher & Banks Corporation (NYSE:CBK) today announced that it plans
to report its fiscal 2017 fourth quarter and full year results on
Thursday, March 8, 2018, before the market opens. The Company also plans
to hold a conference call to discuss its financial results at 8:30 a.m.
Eastern Time on Thursday, March 8, 2018.
Feb 01, 2018 04:26 pm ET
Christopher & Banks Announces Appointment of Keri Jones as Chief Executive Officer and a Member of the Board of Directors
Christopher & Banks Corporation (NYSE:CBK), a specialty women's apparel
retailer, today announced that it has completed its search for a
successor to interim Chief Executive Officer and President Joel Waller.
The Company's Board of Directors ("Board") has appointed Keri Jones as
the Company's Chief Executive Officer and as a member of its Board
effective upon her first day of employment, which is anticipated to be
on March 12, 2018. In order to ensure a smooth transition, Mr. Waller
will continue as a Board member and in a consulting capacity fo
Nov 28, 2017 06:30 am ET
Christopher & Banks Corporation Reports Third Quarter Fiscal 2017 Financial Results
Christopher & Banks Corporation (NYSE: CBK), a specialty women’s apparel
retailer, today reported results for the third quarter ended October 28,
2017.
Nov 14, 2017 06:30 am ET
Christopher & Banks Corporation Announces Reporting Date for Fiscal 2017 Third Quarter Results
Christopher & Banks Corporation (NYSE:CBK) today announced that it plans
to report its fiscal 2017 third quarter results on Tuesday, November 28,
2017, before the market opens. The Company also plans to hold a
conference call to discuss its financial results at 8:30 a.m. Eastern
Time on Tuesday, November 28, 2017.
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