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Coldwater Creek’s Liquidation Sale Starts

In Industry News, Reports, What's New by Jeff PrineLeave a Comment

Sandpoint, ID—It’s the beginning of the end: on Thursday, Coldwater Creek began its going-out-of-business sale. On Tuesday, a U.S. bankruptcy judge in Wilmington, Del. approved a liquidation plan between Coldwater Creek and two liquidators—Hilco Merchant Resources and Gordon Brothers Retail Partners. The women’s specialty retailer had listed $278 million in …

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Week in Review: 10 Must-Remember Online Articles

In Industry News, What's New by Accessories StaffLeave a Comment

New York—“The epicenter of stupidity”…that’s how outspoken L Brands chairman Leslie Wexner referred to Washington, specifically Capitol Hill, this week during the nerve-wracking hours leading up to a temporary debt ceiling solution. Like many retailers and business leaders, Wexner is concerned about how the political gridlock and its subsequent effects …

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Coldwater Creek Mulls “Strategic Alternatives” Including Sale

In Industry News, Reports, What's New by Jeff PrineLeave a Comment

Sandpoint, ID—With forecasts that its third quarter sales are falling even further behind, Coldwater Creek said Monday that it will explore a possible sale and other strategic alternatives. “As a result of an increasingly challenging retail environment, we are continuing to take the necessary steps towards improving our financial position …