Christopher & Banks, which has approximately 400 locations in 44 states, said it will close a “significant portion” of stores and is in an “active discussion” to sell its website.

The retailer released preliminary second-quarter financial results showing year-over-year improvement, a move that’s presumably in response to recent criticism from an investor and would-be buyer.

Christopher & Banks Corp. said Thursday it is voluntarily filing for Chapter 11 bankruptcy and plans to close a significant portion, if not all, of its bricks-and-mortar stores.

Christopher and Banks filed for Chapter 11 bankruptcy protection and says it will close all stores amid COVID-19. Liquidation sales have begun.

So far this year, Christopher & Banks has done a good job of continuing the work it started last year. In January, the retailer gave guidance expecting a same-store sales increase in the high ...

As of Jan. 13, the company said it operated 449 stores in 44 states, including 315 Missy, Petite, Women stores, 76 outlet stores, 31 Christopher & Banks stores and 28 C.J. Banks stores.

Christopher & Banks, which has approximately 400 locations in 44 states, said it will close a “significant portion” of stores and is in an “active discussion” to sell its website.