As of Apr 29, 2017, the company operated 476 stores in 45 states, including 40 Christopher & Banks stores, 36 C.J. Banks stores, 320 Missy, Petite, Women (MPW) stores (formerly referred to as "Dual" stores) and 82 outlet stores.
In fiscal 2016, the company opened 9 new stores, closed 27 stores, and converted 17 Christopher & Banks and 16 C.J. Banks stores into 17 MPW stores. During the first quarter of 2017, the company opened 1 store, closed 4 stores and converted 5 Christopher & Banks and 5 C.J. Banks stores into MPW stores. In fiscal 2017, the company expects to close 4 MPW stores and 1 Christopher & Banks store, in addition to converting 16 Christopher & Banks/C.J. Banks stores into 8 MPW stores.
All stores are leased, typically with a rental period of 10 years, and may contain a renewal option.
Stores are located primarily in shopping malls and retail centers in smaller to mid-sized cities and suburban areas. Approximately 81% of stores are located in enclosed malls that typically have numerous specialty stores and two or more general merchandise chains or department stores as anchor tenants, with the remainder of stores in power, strip and lifestyle shopping centers. Christopher & Banks, C.J. Banks, MPW and outlet stores average approximately 3,300, 3,600, 3,900 and 4,000 square feet, respectively. Approximately 84% of store square footage is allocated to selling space.
|Total gross square feet (M)||1,826||1,844||1,938||1,921||1,935||2,089|
|Total gross square feet growth||-5.3%||-4.9%||0.9%||-2.1%||-7.4%||-11.8%|
|Avg store gross sq ft||3,800||3,800||3,700||3,700||3,500||3,400|
|Avg store gross sq ft growth||1.8%||1.8%||0.9%||5.9%||2.2%||-0.5%|