UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, DC 20549

 

 

SCHEDULE 13D

Under the Securities Exchange Act of 1934

(Amendment No. 9)*

 

 

Christopher & Banks Corporation

(Name of Issuer)

Common Stock, par value $0.01 per share

(Title of Class of Securities)

171046105

(CUSIP number)

Jonathan Duskin

c/o Macellum Capital Management, LLC

99 Hudson Street, 5th Floor

New York, New York 10013

(212) 956-3008

Jeffrey L. Kochian

Akin Gump Strauss Hauer & Feld LLP

One Bryant Park

New York, New York 10036

(212) 872-8069

(Name, address and telephone number of person authorized to receive notices and communications)

June 30, 2016

(Date of event which requires filing of this statement)

 

 

If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of Rule 13d-1(e), Rule 13d-1(f) or Rule 13d-1(g), check the following box.     ¨

 

 

Note: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See Rule 13d-7 for other parties to whom copies are to be sent.

 

 

 

* The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page.

The information required on the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

 

 

 

CUSIP No. 171046105

 

  1.   

NAMES OF REPORTING PERSONS

 

Macellum Retail Opportunity Fund, LP

  2.  

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*

(a)   ¨         (b)   ¨

 

  3.  

SEC USE ONLY

 

  4.  

SOURCE OF FUNDS*

 

WC

  5.  

CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) or 2(e)     ¨

 

  6.  

CITIZENSHIP OR PLACE OF ORGANIZATION

 

Delaware

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH

 

     7.    

SOLE VOTING POWER:

 

3,814,113

     8.   

SHARED VOTING POWER:

 

0

     9.   

SOLE DISPOSITIVE POWER:

 

3,814,113

   10.   

SHARED DISPOSITIVE POWER:

 

0

11.  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON:

 

3,814,113

12.  

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*     ¨

 

13.  

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

10.3% (1)

14.  

TYPE OF REPORTING PERSON*

 

PN

 

(1) Based on 37,084,323 shares of common stock outstanding as of June 3, 2016, according to the Issuer’s Form 10-Q filed with the Securities and Exchange Commission (“SEC”) on June 9, 2016.

CUSIP No. 171046105

 

  1.   

NAMES OF REPORTING PERSONS

 

Macellum Capital Management, LLC

  2.  

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*

(a)   ¨         (b)   ¨

 

  3.  

SEC USE ONLY

 

  4.  

SOURCE OF FUNDS*

 

WC

  5.  

CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) or 2(e)     ¨

 

  6.  

CITIZENSHIP OR PLACE OF ORGANIZATION

 

Delaware

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH

 

     7.    

SOLE VOTING POWER:

 

68,313

     8.   

SHARED VOTING POWER:

 

0

     9.   

SOLE DISPOSITIVE POWER:

 

68,313

   10.   

SHARED DISPOSITIVE POWER:

 

0

11.  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON:

 

68,313

12.  

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*     ¨

 

13.  

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

Less than 1% (1)

14.  

TYPE OF REPORTING PERSON*

 

OO

 

(1) Based on 37,084,323 shares of common stock outstanding as of June 3, 2016, according to the Issuer’s Form 10-Q filed with the SEC on June 9, 2016.

CUSIP No. 171046105

 

  1.   

NAMES OF REPORTING PERSONS

 

Macellum Advisors GP, LLC

  2.  

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*

(a)   ¨         (b)   ¨

 

  3.  

SEC USE ONLY

 

  4.  

SOURCE OF FUNDS*

 

OO

  5.  

CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) or 2(e)     ¨

 

  6.  

CITIZENSHIP OR PLACE OF ORGANIZATION

 

Delaware

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH

 

     7.    

SOLE VOTING POWER:

 

3,814,113

     8.   

SHARED VOTING POWER:

 

0

     9.   

SOLE DISPOSITIVE POWER:

 

3,814,113

   10.   

SHARED DISPOSITIVE POWER:

 

0

11.  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON:

 

3,814,113

12.  

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*     ¨

 

13.  

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

10.3% (1)

14.  

TYPE OF REPORTING PERSON*

 

OO

 

(1) Based on 37,084,323 shares of common stock outstanding as of June 3, 2016, according to the Issuer’s Form 10-Q filed with the SEC on June 9, 2016.

CUSIP No. 171046105

 

  1.   

NAMES OF REPORTING PERSONS

 

Macellum Management, LP

  2.  

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*

(a)   ¨         (b)   ¨

 

  3.  

SEC USE ONLY

 

  4.  

SOURCE OF FUNDS*

 

OO

  5.  

CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) or 2(e)     ¨

 

  6.  

CITIZENSHIP OR PLACE OF ORGANIZATION

 

Delaware

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH

 

     7.    

SOLE VOTING POWER:

 

3,814,113

     8.   

SHARED VOTING POWER:

 

0

     9.   

SOLE DISPOSITIVE POWER:

 

3,814,113

   10.   

SHARED DISPOSITIVE POWER:

 

0

11.  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON:

 

3,814,113

12.  

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*     ¨

 

13.  

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

10.3% (1)

14.  

TYPE OF REPORTING PERSON*

 

PN

 

(1) Based on 37,084,323 shares of common stock outstanding as of June 3, 2016, according to the Issuer’s Form 10-Q filed with the SEC on June 9, 2016.

CUSIP No. 171046105

 

  1.   

NAMES OF REPORTING PERSONS

 

MCM Managers, LLC

  2.  

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*

(a)   ¨         (b)   ¨

 

  3.  

SEC USE ONLY

 

  4.  

SOURCE OF FUNDS*

 

OO

  5.  

CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) or 2(e)     ¨

 

  6.  

CITIZENSHIP OR PLACE OF ORGANIZATION

 

Delaware

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH

 

     7.    

SOLE VOTING POWER:

 

68,313

     8.   

SHARED VOTING POWER:

 

0

     9.   

SOLE DISPOSITIVE POWER:

 

68,313

   10.   

SHARED DISPOSITIVE POWER:

 

0

11.  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON:

 

68,313

12.  

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*     ¨

 

13.  

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

Less than 1% (1)

14.  

TYPE OF REPORTING PERSON*

 

OO

 

(1) Based on 37,084,323 shares of common stock outstanding as of June 3, 2016, according to the Issuer’s Form 10-Q filed with the SEC on June 9, 2016.

CUSIP No. 171046105

 

  1.   

NAMES OF REPORTING PERSONS

 

MCM Management, LLC

  2.  

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*

(a)   ¨         (b)   ¨

 

  3.  

SEC USE ONLY

 

  4.  

SOURCE OF FUNDS*

 

OO

  5.  

CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) or 2(e)     ¨

 

  6.  

CITIZENSHIP OR PLACE OF ORGANIZATION

 

Delaware

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH

 

     7.    

SOLE VOTING POWER:

 

68,313

     8.   

SHARED VOTING POWER:

 

0

     9.   

SOLE DISPOSITIVE POWER:

 

68,313

   10.   

SHARED DISPOSITIVE POWER:

 

0

11.  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON:

 

68,313

12.  

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*     ¨

 

13.  

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

Less than 1% (1)

14.  

TYPE OF REPORTING PERSON*

 

OO

 

(1) Based on 37,084,323 shares of common stock outstanding as of June 3, 2016, according to the Issuer’s Form 10-Q filed with the SEC on June 9, 2016.

CUSIP No. 171046105

 

  1.   

NAMES OF REPORTING PERSONS

 

Jonathan Duskin

  2.  

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP*

(a)   ¨         (b)   ¨

 

  3.  

SEC USE ONLY

 

  4.  

SOURCE OF FUNDS*

 

OO

  5.  

CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) or 2(e)     ¨

 

  6.  

CITIZENSHIP OR PLACE OF ORGANIZATION

 

United States of America

NUMBER OF

SHARES

BENEFICIALLY

OWNED BY

EACH

REPORTING

PERSON

WITH

 

     7.    

SOLE VOTING POWER:

 

3,882,426

     8.   

SHARED VOTING POWER:

 

0

     9.   

SOLE DISPOSITIVE POWER:

 

3,882,426

   10.   

SHARED DISPOSITIVE POWER:

 

0

11.  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON:

 

3,882,426

12.  

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES*     ¨

 

13.  

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)

 

10.5% (1)

14.  

TYPE OF REPORTING PERSON*

 

IN

 

(1) Based on 37,084,323 shares of common stock outstanding as of June 3, 2016, according to the Issuer’s Form 10-Q filed with the SEC on June 9, 2016.

Amendment No. 9 to Schedule 13D

This Amendment No. 9 amends and supplements the Schedule 13D (the “ Schedule 13D ”) filed on behalf of Macellum Retail Opportunity Fund, LP (“ Opportunity Fund ”), Macellum Capital Management, LLC (“ Macellum Capital Management ”), Macellum Advisors GP, LLC (“ Macellum GP ”), Macellum Management, LP (“ Macellum Management ”), MCM Managers, LLC (“ MCM Managers ”), MCM Management, LLC (“ MCM Management ”) and Jonathan Duskin (“ Mr. Duskin ”, and together with Opportunity Fund, Macellum Capital Management, Macellum GP, Macellum Management, MCM Managers and MCM Management, the “ Reporting Persons ”) with the Securities and Exchange Commission (the “ SEC ”) on April 1, 2015, as amended by Amendment No. 1 on May 19, 2015, Amendment No. 2 on June 18, 2015, Amendment No. 3 on July 9, 2015, Amendment No. 4 on January 25, 2016, Amendment No. 5 on February 19, 2016, Amendment No. 6 on March 10, 2016, Amendment No. 7 on April 8, 2016, and Amendment No. 8 on April 20, 2016.

Information given in response to each item shall be deemed incorporated by reference in all other items, as applicable. All capitalized terms contained herein but not otherwise defined shall have the meanings ascribed to such terms in the Schedule 13D.

Item 4. Purpose of Transaction.

Item 4 of this Schedule 13D is supplemented and superseded, as the case may be, as follows:

On June 30, 2016, Jonathan Duskin and Seth R. Johnson, the director nominees named by the Reporting Persons pursuant to the previously disclosed Support Agreement were elected to the Board of Directors (the “Board”) of the Issuer at the Issuer’s 2016 Annual Meeting of Stockholders (the “Annual Meeting”). In addition, Kent Kleeberger and Laura Weil, two additional new directors named in the Support Agreement, were also elected to the Issuer’s Board at the Annual Meeting.

Item 5. Interest in Securities of the Issuer.

Item 5 of this Schedule 13D is hereby amended and restated in its entirety as follows:

(a) and (b) Items 7 through 11 and 13 of each of the cover pages of this Schedule 13D are incorporated herein by reference. Such information is based on 37,084,323 shares of common stock of the Issuer outstanding as of June 3, 2016, according to the Issuer’s Form 10-Q filed with the SEC on June 9, 2016.

(c) There have been no transactions in the class of securities reported on that were effected within the past 60 days by or on behalf of the Reporting Persons.

(d) The disclosure regarding the relationship between the Reporting Persons in Item 2(c) of this Schedule 13D is incorporated by reference herein.

(e) Not applicable.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

July 1, 2016

 

MACELLUM RETAIL OPPORTUNITY FUND, LP
By:  

Macellum Advisors GP, LLC,

its general partner

By:   /s/ Jonathan Duskin

Name:

  Jonathan Duskin

Title:

  Sole Member
MACELLUM CAPITAL MANAGEMENT, LLC
By:  

MCM Managers, LLC,

its managing member

By:  

MCM Management, LLC,

its managing member

By:   /s/ Jonathan Duskin

Name:

  Jonathan Duskin

Title:

  Managing Member
MACELLUM ADVISORS GP, LLC
By:   /s/ Jonathan Duskin

Name:

  Jonathan Duskin

Title:

  Sole Member
MACELLUM MANAGEMENT, LP
By:  

Macellum Advisors GP, LLC,

its general partner

By:   /s/ Jonathan Duskin

Name:

  Jonathan Duskin

Title:

  Sole Member

MCM MANAGERS, LLC
By:  

MCM Management, LLC,

its managing member

By:   /s/ Jonathan Duskin

Name:

  Jonathan Duskin

Title:

  Managing Member
MCM MANAGEMENT, LLC
By:   /s/ Jonathan Duskin

Name:

  Jonathan Duskin

Title:

  Managing Member
/s/ Jonathan Duskin
JONATHAN DUSKIN