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Management was very focused on growing its internet business this year, stating "Coldwater Creek's objective is to derive 25% of its revenue through its e-commerce site by the end of fiscal 2000. Moreover, management's goal is to obtain a 5% market share of the US on-line market for women's apparel sales during fiscal year 2000" in its year end ...
This is par for the course at a going-out-of-business sale, when discounts progressively deepen the longer the sale goes — and it typically lasts at least a couple of months. But shoppers who ...
Coldwater Creek. This women's clothing retailer was once a staple at malls across the country, but it filed for bankruptcy in 2014 and said it would close all 365 of its stores. Under new ...
Closeout (sale) A closeout or clearance sale ( closing down sale in the United Kingdom [1]) is a discount sale of inventory either by retail or wholesale. It may be that a product is not selling well, or that the retailer is closing because of relocation, a fire (a fire sale ), over-ordering, or especially because of bankruptcy. [2]
Loehmann's Holdings, Inc. Loehmann's was an American retail company which started as a single store in Brooklyn, New York and grew to a chain of off-price department stores in the United States. The chain was best known for its "Back Room", where women interested in fashion could find designer clothes at prices lower than in department stores ...
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