Coldwater Creek Gets Approval to Hold Store-Closing Sales Before Mother’s Day

Coldwater Creek Inc., the women’s clothing retailer, won bankruptcy court approval to hold going-out-of-business sales at its more than 370 stores ahead of Mother’s Day, a key sale period for the company (In re Coldwater Creek Inc., Bankr. D. Del., No. 14-10867).

Coldwater will hold a May 1 auction to determine the best offer from liquidators to run the sales, followed by a May 6 hearing to seek court approval of the winning bid. The company intends to start the sales by May 8. Mother’s Day is May 11.

U.S. Bankruptcy Judge Brendan Linehan Shannon in Wilmington, Delaware, ...