Christopher & Banks Corporation Appoints Andrea Kellick as Senior Vice President, Chief Merchandising Officer

Christopher & Banks Corporation (NYSE:CBK) today announced that Andrea
Kellick will be joining the Company July 16, 2018 as Senior Vice
President, Chief Merchandising Officer. As Chief Merchant, Ms. Kellick
will be responsible for merchandising, product development and sourcing.

Ms. Kellick brings more than 30 years of retail merchandising experience
to the Company, including 16 years at Target Corporation. In her most
recent role, Andrea served as Vice President, Women’s Apparel at Target.
Previously Ms. Kellick served in a variety of merchandising and planning
roles including jewelry, accessories, domestics and apparel. Prior to
Target, Ms. Kellick also served in various merchandising and sourcing
roles for Old Navy, Express and Spiegel.

Keri L. Jones, President and Chief Executive Officer, commented: “We are
thrilled to have a merchant with Andrea’s breadth and depth of
experience lead our merchandising and product development functions. Her
considerable knowledge of merchandising, sourcing, planning and product
development will enable her to make valuable contributions to
Christopher & Banks. As a key member of our leadership team, Andrea will
play an important role in driving improved performance and delivering
upon our long term strategic objectives.”

Tricia Perket, Senior Vice President, Merchandising, is leaving the
Company to pursue other opportunities. “On behalf of the Company, I want
to thank Tricia for her contributions and wish her well in her future
endeavors,” indicated Ms. Jones.

About Christopher & Banks

Christopher
& Banks Corporation is a Minneapolis-based national specialty
retailer featuring exclusively designed privately branded women’s
apparel and accessories. As of July 10, 2018, the Company operates 461
stores in 45 states consisting of 313 MPW stores, 79 Outlet stores, 36 Christopher
& Banks stores, and 33 stores in its women’s
plus size clothing division CJ
Banks. The Company also operates the www.christopherandbanks.com
eCommerce website.

Keywords: Christopher & Banks, CJ Banks, Women’s Clothing, Plus
Size Clothing, Petites, Extended Sizes, Outfits.

Forward-Looking Statements

Certain statements in this press release may constitute
forward-looking statements, made pursuant to the safe harbor provisions
of the Private Securities Litigation Reform Act of 1995, which reflect
our current views with respect to certain events that could have an
effect on our future performance. The forward-looking statements relate
to expectations concerning matters that are not historical facts and may
use the words “will”, “expect”, “anticipate”, “plan”, “intend”,
“project”, “believe”, “should”, “drive” “in order to” and similar
expressions. Except for historical information, matters discussed
in this press release may be considered forward-looking statements.

These forward-looking statements are based largely on information
currently available to our management and our current expectations,
assumptions, plans, estimates, judgments and projections about our
business and our industry, and are subject to a number of uncertainties
and risks, as well as assumptions that, if they do not fully materialize
or prove incorrect, could cause the Company’s future performance and
financial results to differ materially from those expressed or implied
by the forward-looking statements. We cannot guarantee their
accuracy or our future performance, and there are a number of known and
unknown risks, uncertainties, contingencies, and other factors (many of
which are outside our control) that could cause actual results to differ
materially from those expressed or implied by such forward-looking
statements. Accordingly, there is no assurance that our
expectations will, in fact, be achieved or that our estimates or
assumptions will be correct, and we caution investors and all others not
to place undue reliance on such forward-looking statements.

Important factors that could cause actual results to differ
materially from estimates or projections contained in the
forward-looking statements include, but are not limited to, those
factors described in Item 1A, “Risk Factors” and in the “Forward-Looking
Statements” disclosure in Item 7 “Management’s Discussion and Analysis
of Financial Condition and Results of Operations” of our latest annual
report on Form 10-K. All forward-looking statements that are made
or attributable to us are expressly qualified in their entirety by this
cautionary notice. The Company does not undertake to publicly
update or revise its forward-looking statements even if experience or
future changes make it clear that projected results expressed or implied
in such statements will not be realized.

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