Coldwater Creek has announced its impending bankruptcy plans. It will close 18 retail stores in the state of Illinois alone. Across the country, 365 stores will be closed.
Learn more from Kane County Chronicle:
The Coldwater Creek store at 310 Commons Drive, in the Geneva Commons shopping center, is among the chain’s 365 stores slated to be closed. A spokesman said the retailer has just under 6,000 total employees.
According to its website, Coldwater Creek has 18 retail stores in Illinois.
The company is promoting a 40 percent off sale of all full-priced merchandise and going-out-of-business sales in the coming months, according to a statement on the company’s website. Continue reading…