Coldwater Creek files for bankruptcy

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Posted: Friday, April 11, 2014 12:00 am

The women’s clothing retailer Coldwater Creek has filed for Chapter 11 bankruptcy protection after failing to find a potential buyer or a source of capital to help fund its turnaround efforts.

Coldwater Creek said Friday that its stores and its website are still open and selling clothing and other goods to shoppers. But it expects to start sales to liquidate its inventory in early May. It plans to hold going-out-of-business sales in the coming months.

The chain has one store in Omaha, one in Papillion and one in Lincoln.

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