Tuesday, August 30, 2016

Loss widens for specialty apparel retailer

Christopher & Banks Corp.’s loss widened in its second quarter amid soft sales its outlet channel and a temporary shutdown of its e-commerce site.
The company reported a net loss of $3.9 million compared to a net loss for the prior year period of $0.7 million. Same-store sales decreased 5.8%, compared to a 12.4% decrease in the same period last year.. . . more

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