Acorn Stores

Last updated
Acorn Stores
Type Public
Industry Retail
Founded1991;31 years ago (1991)
Defunct2008;14 years ago (2008)
Headquarters Minneapolis, Minnesota, United States
Products Apparel
Number of 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]

Contents

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]

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References

  1. Ltd, Plunkett Research (April 2008). Plunkett's Apparel & Textiles Industry Almanac 2008. Plunkett Research, Ltd. ISBN   978-1-59392-110-1.
  2. "Acorn stores gets approval of Chap. 11 plan. (Michael L. Wallace Inc.) (Brief Article)". Daily News Record. July 1, 1993. Archived from the original on October 22, 2012. Retrieved 2008-08-12.
  3. "Christopher & Banks Corp. completed its acquisition of Acorn stores from Gilmore Bros.(Soft Lines)". Chain Store Age. 1 December 2004. Retrieved 2008-08-12.
  4. "Christopher & Banks to close its high-end Acorn stores". Twin Cities. 2008-07-30. Retrieved 2022-05-02.
  5. C&B Corporation to close Acorn division