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July 29, 2015 3:38 AM ET

Specialty Retail

Company Overview of Coldwater Creek Inc.

Company Overview

On September 26, 2014, Coldwater Creek Inc. went out of business under Chapter 11 liquidation as per its bankruptcy filing. Coldwater Creek Inc. operates as a multi-channel specialty retailer of women's apparel, jewelry, and accessories in the United States. It operates in two segments, Retail and Direct. The Retail segment operates premium retail stores located in lifestyle centers, traditional malls, and street locations; factory outlet stores; and day spas that provide spa treatments, including massages, facials, body treatments, manicures, and pedicures, as well as relevant apparel and personal care products. As of November 2, 2013, it operated 343 premium retail stores; and 36 factory ...

One Coldwater Creek Drive

Sandpoint, ID 83864

United States

Founded in 1984

2,500 Employees

Phone:

208-263-2266

Fax:

208-263-1582

Key Executives for Coldwater Creek Inc.

Coldwater Creek Inc. does not have any Key Executives recorded.

Coldwater Creek Inc. Key Developments

Coldwater Creek Leases To Be Auctioned

Coldwater Creek Inc. (OTCPK:CWTR.Q) is seking to auction its leases on July 8, 2014. The successful bidder shall, within one business day of the conclusion of the auction, supplement its deposit so that the aggregate deposit being held by debtors equals 10% of the successful bid per lease or $0.02 million per Lease, whichever is greater. Douglas P. Bartner of Shearman & Sterling LLP, Pauline K. Morgan of Young Conaway Stargatt & Taylor, LLP and Kenneth A. Rosen of Lowenstein Sandler LLP acted as legal advisor for Coldwater Creek.

Coldwater Creek Inc.(NasdaqGS:CWTR) dropped from NASDAQ Composite Index

Coldwater Creek Inc. will be removed from the NASDAQ Composite Index.

Coldwater Creek Inc.’s Securities To Be Delisted From NASDAQ

On April 14, 2014, Coldwater Creek Inc. received a letter from the Listing Qualifications Staff of The NASDAQ Stock Market LLC (Staff) stating that the Staff has determined that the company’s securities will be delisted from The NASDAQ Stock Market. The letter states that the delisting notice was issued as a result of the company’s announcement on April 11, 2014 that it had filed for protection under Chapter 11 of the U.S. Bankruptcy Code, and that the letter was issued by the Staff pursuant to its discretionary authority under NASDAQ Listing Rules 5101, 5110(b), and IM-5101-1. Per the letter, the Staff advised the company that the determination is based on the company’s voluntary Chapter 11 filing, the associated public interest concerns raised by it; concerns regarding the residual equity interest of the existing listed securities holders; and concerns about the company’s ability to sustain compliance with all requirements for continued listing on The NASDAQ Stock Market. Unless the company requests an appeal of this determination, trading of the company’s common stock will be suspended at the opening of business on April 23, 2014 and a Form 25-NSE will be filed with the Securities and Exchange Commission, which will remove the company’s securities from listing and registration on The NASDAQ Stock Market. The company does not intend to file an appeal. As previously disclosed on Form 8-K on April 11, 2014, the company and all of its U.S. subsidiaries filed voluntary petitions under Chapter 11 in order to facilitate an orderly wind-down of its operations and the company’s plan of liquidation filed with the U.S. Bankruptcy Court does not contemplate any recovery for holders of common stock of the company.

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