Hilco Merchant Resources assigned to manage the store closing sale process after Christopher & Banks Chapter 11 filing Vermont Business Magazine Christopher & Banks, on January 13, 2021, filed for Chapter 11 reorganization and authorized store closing sales to be conducted by Hilco Merchant Resources. The store closing process has begun at more than 400 stores nationally. These include the three Vermont stores at the Essex Outlets, at Rutland's Green Mountain Plaza and at the University Mall in South Burlington. Since 1956, Christopher & Banks offers a variety of missy, women’s and petite ...