Coldwater Creek Nears Bankruptcy
April 02, 2014
Sandpoint, Idaho-based Coldwater Creek Inc. is preparing to file for bankruptcy, according to Reuters. Attempts to avoid a bankruptcy filing by refinancing debt or selling itself to a private-equity buyer were unsuccessful, according to the report. Founded in 1984, Coldwater Creek sells women’s apparel, jewelry and accessories through mall-based retail stores, online and through its catalogs. The company currently operates approximately 343 retail stores.