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On April 11, 2014, Coldwater Creek announced that it was filing for Chapter 11 bankruptcy, listing $278.5 million in assets and $361.3 million in debt. In a statement the company said that it had “engaged in a thorough analysis of all potential alternatives” but had failed to find a buyer or a source of funds to support continued operations.
Soft Surroundings filed for Chapter 11 bankruptcy on September 11, 2023, announcing plans to close all 44 of its stores and sell its online and catalog business to Coldwater Creek. [283] Southeastern Grocers, owner of BI-LO, Harveys, Winn-Dixie, and Fresco y Más, filed for Chapter 11 bankruptcy on March 15, 2018. It closed down 94 out of 528 ...
On December 7, 2023, Soft Surroundings was sold to Coldwater Creek. [8] Coldwater Creek, which had filed a Chapter 11 bankruptcy petition in 2014, was acquired by Hong Kong-based procurement, logistics and product development company, Newtimes Group, in 2020. Newtimes Group is one of the world's largest suppliers to the apparel industry.
Coldwater Creek's (NAS: CWTR) turnaround plan is in full swing according to management - but it's pretty difficult to tell that it's working based on the figures the company released late last night.
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Get an extra 25% off at the Coldwater Creek Outlet plus get free shipping with coupon code WHH2616. Expires May 2, 2010. Online only. One coupon code per transaction.
As part of an attempt to diversify from traditional retail and food stores, Hatbox Theater, a live theater venue located in the former Coldwater Creek and using the adjoining former RadioShack space for storage and rehearsals, opened in 2016. [20] Similarly, VIP Bounce Houses and Laser Tag opened in the former Old Navy location that year. [21]
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