Coldwater Creek files for bankruptcy protection

Business The Associated Press · ·
In this Oct. 6, 2009 file photo, a shopper walks past a Coldwater Creek store in downtown Seattle. The women's clothing retailer 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. The company said Friday April 11, 2014 that it expects to start sales to liquidate inventory in early May. It plans to hold going out of business sales in the coming months.