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Mashantucket Christopher & Banks Corp., a Minneapolis-based specialty women’s apparel retailer, announced Thursday it has filed for Chapter 11 bankruptcy and will close many of its stores nationwide, including one in the Tanger Outlets at Foxwoods Resort Casino and two others in Connecticut.
“The company expects to close a significant portion, if not all, of its brick-and-mortar stores and, in connection therewith, the Company has launched a store closing and liquidation process,” the company said in a news release. “The Company, however, will continue to operate its business in the ordinary course in the near term, and . is in active discussion with potential buyers for the sale of its ecommerce platform and related assets .”
At Foxwoods Resort Casino
At the Westbrook Outlets Since the start of the COVID pandemic, we have taken aggressive steps to protect our business while continuing to serve our customers in a healthy and safe environment, Christopher & Banks President Keri Jones said. Despite the tremendous advancements we have made in executing our strategic plan, due to the financial distress resulting from the pandemic and its ongoing impact, we elected to initiate this process and pursue a potential sale of the business in whole or in part to position the Company for the future. I want to extend my deepest gratitude to our dedicated associates, loyal customers and supportive partners for their commitment to Christopher & Banks throughout these challenging times.
At Foxwoods Resort Casino
At the Westbrook Outlets Since the start of the COVID pandemic, we have taken aggressive steps to protect our business while continuing to serve our customers in a healthy and safe environment, Christopher & Banks President Keri Jones said. Despite the tremendous advancements we have made in executing our strategic plan, due to the financial distress resulting from the pandemic and its ongoing impact, we elected to initiate this process and pursue a potential sale of the business in whole or in part to position the Company for the future. I want to extend my deepest gratitude to our dedicated associates, loyal customers and supportive partners for their commitment to Christopher & Banks throughout these challenging times.
Drew Black, head coach at Wesleyan University
Mike Cunningham, head coach at Xavier High School in Middletown
Dr. Erich Doubek, longtime tournament organizer, historian and supporter of the New Milford Wrestling Association
Sarah Jadach, chair of the Connecticut chapter of USA Wrestling
Frank Kapral, wrestling coach at Coast Guard Academy, an official and author
(posthumous honoree)
Bryan McCarty, head coach at Platt High School in Meriden
The Connecticut Chapter of the National Wrestling Hall of Fame will hold an induction dinner on April 30, 2022 at Foxwoods Resort Casino to honor these men and women for their contributions to the sport of wrestling and their communities.