Christopher & Banks Announces Bankruptcy Protection, Closing All Stores, Including One In Alton

ALTON - National apparel retailer Christopher & Banks today announced it has filed for bankruptcy protection and says it could close all stores amid COVID-19, including the Alton store at 116 Alton Square in the mall.

Christopher & Banks, which caters to women over 40, is the latest clothing chain to file for bankruptcy protection amid the coronavirus pandemic.

The Minneapolis-based company announced Thursday it filed for Chapter 11 in the United States Bankruptcy Court for the District of New Jersey.

The company said it launched a "store closing and liquidation process" and "is in active discussion with potential buyers" for the sale of its online business and related assets.

More like this:

Durbin Calls On Supreme Court To Reject Georgia-Pacific’s Attempt To Use Bankruptcy Maneuver To Evade Accountability To Asbestos Victims

Mar 28, 2026

Attorney General Raoul’s $7.4 Billion Opioid Settlement With Purdue Goes In Effect; Illinois To Receive An Estimated $148.8 Million

May 4, 2026