USA: Severance Cost To Hit Christopher & Banks
Women's fashion chain Christopher & Banks Corp on Monday revealed the president of its CJ Banks division, Tammy Boyd, had left the firm and severance costs will cut second-quarter earnings by one cent a share. In a statement, the company named Jules Rouse vice president and general merchandise manager of CJ Banks. Rouse joined the retailer in 1995 and was previously merchandise manager in the Christopher & Banks division.