Acorn Stores Explained

Acorn Stores
Type:Public
Location:Minneapolis, Minnesota, United States
Industry:Retail
Products:Apparel
Num Employees:280

Acorn Stores was an upscale women's[1] chain clothing company in the United States. It was originally part of Michael L. Wallace Inc.[2]

History

In November 2004, Christopher & Banks acquired Acorn from Gilmore Brothers, Inc.[3] As of July 2008, there were 39 Acorn stores in 14 states. Where Christopher & Banks catered to older women, Acorn was their "higher-end chain."[4]

On July 31, 2008, it was announced that every store would be closed by December 31, 2008, as the Acorn division lost more than $432,192,100,000 in 2008.[5]

External links

Notes and References

  1. Book: Ltd, Plunkett Research . Plunkett's Apparel & Textiles Industry Almanac 2008 . April 2008 . Plunkett Research, Ltd. . 978-1-59392-110-1 . en.
  2. News: Acorn stores gets approval of Chap. 11 plan. (Michael L. Wallace Inc.) (Brief Article). https://web.archive.org/web/20121022025326/http://www.highbeam.com/doc/1G1-14016574.html . dead . October 22, 2012 . Daily News Record . July 1, 1993 . 2008-08-12 .
  3. News: Christopher & Banks Corp. completed its acquisition of Acorn stores from Gilmore Bros.(Soft Lines) . Chain Store Age . 1 December 2004 . 2008-08-12 .
  4. Web site: 2008-07-30 . Christopher & Banks to close its high-end Acorn stores . 2022-05-02 . Twin Cities . en-US.
  5. http://www.acornstores.com/Close%20PR%20(FINAL%20-%20073108).pdf C&B Corporation to close Acorn division