FINANCE

Christopher & Banks Reports Flat Sales

BY CSA STAFF

Minneapolis, Christopher & Banks Corp. announced Thursday its comp-store sales were flat for March, but better than the company expected. Total sales at stores open at least a year for the women’s apparel retailer were to $41.7 million, up 15% from $36.4 million in the same period a year ago. That’s an improvement from February, when comp-store sales dropped 13% from the prior-year period.

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REAL ESTATE

Crate and Barrel to Enter Canada

BY CSA STAFF

Toronto, Crate and Barrel will open its first store in Canada, in Toronto’s Yorkdale Shopping Centre, in the fall of 2008, according to a report by The Toronto Star. “It’s the only one we have in Canada so far,” said Crate and Barrel spokeswoman Bette Kahn. “We hope to have more in Toronto and our expansion plans call for more stores in Canada. We feel Canada is a very sophisticated and interesting market and a natural choice for our first international expansion.”

Construction on the two-level, 35,000-sq.-ft. store is scheduled to begin in June.

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News

Grand Opening for Dick’s Sporting Goods

BY CSA STAFF

Commerce City, Colo., Saturday will mark the official grand opening of the latest corporate-endorsed sports arenas with the inauguration of Dick’s Sporting Goods Park. The 18,000-seat outdoor professional soccer stadium and field park, whose name hails from the 294-unit Dick’s Sporting Goods chain, will host the opening of the 2007 MLS season this Saturday between the Colorado Rapids and D.C. United.

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