NEW YORK — Christopher & Banks said sales in the four weeks ended Dec. 23 jumped 36 percent to $29.7 million, with same-store sales ahead 12 percent.
“Despite bitterly cold weather, which adversely affected traffic at a significant number of Christopher & Banks and C.J. Banks stores located in the upper Midwest, we were still able to generate strong sales performance,” said Bill Prange, chairman and chief executive.
“We continued to see robust selling at full price, which allowed us to maintain our merchandise margins at historically high levels. Our inventories are clean and well-balanced and we optimistically look forward to the remainder of the fourth quarter.”
The Minneapolis-based women’s apparel chain had 274 stores as of Dec. 23, 2000, versus 223 at the close of 1999.