Report: #1153024

Complaint Review: Coldwater Creek - Nationwide

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Ripoff Report is Xcentric Ventures

Submitted: Sun, June 08, 2014
Updated: Mon, June 09, 2014
Reported By: muffie — mount Holly New Jersey

Author Not Confirmed

Why?

Coldwater Creek Nationwide USA

Phone:
Web: coldwatercreek.com
Category: Clothing Stores

Coldwater Creek Liqidation prices scam Nationwide

*Consumer Comment: Coldwater Creek is in bankruptcy

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What's up with the Coldwater Creek liquisdation sale? Do not buy at these supposed 70% off prices! I got some of these items cheaper when they had sales and coupons. This is before their going out of business sale.

This report was posted on Ripoff Report on 06/08/2014 07:07 AM and is a permanent record located here: https://www.ripoffreport.com/reports/coldwater-creek/nationwide/coldwater-creek-liqidation-prices-scam-nationwide-1153024. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year. Ripoff Report has an exclusive license to this report. It may not be copied without the written permission of Ripoff Report. READ: Foreign websites steal our content

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#1 Consumer Comment

Coldwater Creek is in bankruptcy

AUTHOR: FloridaNative - ()

SUBMITTED: Sunday, June 08, 2014

POSTED: Sunday, June 08, 2014

Because Coldwater Creek is in bankruptcy (Chapter 11) they have little control over their liquidation sale pricing. The stores have been taken over by a liquidator who sets the pricing. The trustee that has oversight over the entire bankrupcty get a percentage of the asset sales that are liquidated to satisfy creditors. This would help explain why the liquidation prices during Bk are higher than they were just prior to filing bankruptcy.

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