More Economic decline for Idaho: Coldwater Creek now busted! All remaining stores to shutdown!

14 April 2014 (00:59 UTC-07 Tango)/13 Jumada t-Tania 1435/25 Farvardin 1393/15 Wu-Chen 4712

On 11 April 2014 (and as I warned back on 11 February 2014) Idaho based women’s clothing retailer Coldwater Creek went Chapter 11, meaning it is now toast, the show is over, all stores to close down!  6-thousand jobs across the United States lost!

It’s blamed on the suck ass economy: “While we are extremely disappointed with this outcome, the company’s declining liquidity position and the challenging retail environment, together with the fact that we have exhausted all other possibilities, requires that we take this action.”-Jill Dean, CEO

More from the slow crash-n-burn of Coldwater Creek:

shuts down first store in 2014!

Coldwater Creek up for sale!

Blames it on climate change

stores to be closed, bankruptcy near

Store closings will continue!

and on and on and on…….just search BBN for Coldwater Creek.