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Coldwater Creek to close in Augusta Mall

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Women’s apparel retailer Coldwater Creek is scheduled to close at the Augusta Mall by Aug. 1 after the company filed for bankruptcy last month.

Coldwater Creek is scheduled to close at the Augusta Mall by Aug. 1 after the company filed for bankruptcy.  FILE/STAFF
FILE/STAFF
Coldwater Creek is scheduled to close at the Augusta Mall by Aug. 1 after the company filed for bankruptcy.

Jenna Martin
Business Reporter
Twitter: @JennaNMartin
E-mail | 706-823-3217

Idaho-based Coldwater Creek is closing about 350 stores across the country after the April 11 bankruptcy announcement. Going-out-of-business sales started in early May.

The company, founded in 1984, contended that it was unable to find a buyer or capital to continue business operations and that liquidating assets would best maximize value for the company’s creditors. According to reports from the Wall Street Journal, however, creditors recently have questioned the motives behind the filing.

The store opened in 2007 at the mall’s upper-level, outdoor Promenade section.

Victoria’s Secret will make a temporary move into the 6,100-square-foot space after Coldwater Creek closes, said Augusta Mall general manager Andy Wilke.

In August, the lingerie retailer will start remodeling and expanding its current mall space, which should last about four months and total more than 9,200 square feet when finished, he said.

Wilke said the goal is to bring an apparel company new to the area to the Coldwater Creek storefront.

“We have several exciting major tenants interested in the space once (Victoria’s Secret) vacates,” Wilke said. “All of them would be first-to-market for Augusta.”

OTHER CHANGES

• A 23,000-square-foot, two-story H&M store is expected to hold a grand opening in mid-July. The store, which will carry affordable apparel and accessories for women, men, teens and children, is under construction next to Barnes & Noble and American Eagle and is the first location in eastern Georgia for the Swedish retailer.

• A new fashion jewelry and accessories store, called Icing, a subsidiary of Claire’s Stores Inc., opened May 15 on the lower level near Macy’s.

• Starbucks-owned Teavana, based in Atlanta, recently signed a lease to open a store selling loose-leaf teas and other tea-related merchandise. The location is expected to open by fall.

• Both Hollister and Lane Bryant are completing storefront remodels.

• Management is in the process of retrofitting the mall with LED lighting and free Wi-Fi.

Comments (12) Add comment
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Riverman1
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Riverman1 05/28/14 - 04:44 pm
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Victoria’s Secret

Victoria’s Secret will move into the 6,100-square-space after Coldwater Creek closes. Wouldn't that be a much smaller store for them?

corgimom
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corgimom 05/28/14 - 05:04 pm
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Riverman, the entire story

Riverman, the entire story doesn't make sense.

Beachgal
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Beachgal 05/28/14 - 05:26 pm
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$$$

I always liked Coldwater Creek. The clothes were good quality and used to be affordable. Note, I said used to be. About 2 years ago, the prices became so inflated that I could no longer afford to shop there. I think it's a shame. Hate to see a business like this have to close.

Gage Creed
21798
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Gage Creed 05/28/14 - 05:33 pm
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How can this be? We have PF

How can this be? We have PF Changs, Sephora, and a Sheraton..

The Sprint Metro Market is mere years from opening, the HIE will bring in tourists from as far away as Sylvania, Clyo, and Hopeulikit...

Our visitors will be devastated....

Connor Threlkeld
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Connor Threlkeld 05/28/14 - 06:41 pm
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Riverman, I see your point. I

Riverman, I see your point. I believe the VS move to Coldwater Creek's space is temporary while their current space is under renovation. I will see if I can get our reporter to clarify.

bdouglas
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bdouglas 05/28/14 - 09:10 pm
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I think people are in too

I think people are in too much of a hurry to comment and they read too fast. Story clearly says VS will make a *temporary move* to the former Coldwater space, and in August will start remodeling and expanding its *current space*, which will take 4 months. Unless the story has been edited since it was posted (it hasn't been), it makes sense to me.

Riverman1
114085
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Riverman1 05/28/14 - 10:34 pm
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If the story wasn't changed,

If the story wasn't changed, I see your point, BDouglas. But I'm pretty sure it was. I believe I copied the line in my opening comment. No biggie either way.

Dixieman
21521
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Dixieman 05/28/14 - 11:17 pm
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1
Now if the mall can just remove...

...some of the thugs who hang out there, it would be a good mall.

nocnoc
64132
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nocnoc 05/29/14 - 05:28 am
5
1
The new dress style for too many 12-30 y/o seems to be

sloppy and _____, not clean, graceful and lady like.

I guess whoever replaces them in the mall should sell shredded/ripped jeans, XXXXX-L nylon body suits, Mini-shirts up to the panty line, and walk around PJ's.

nocnoc
64132
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nocnoc 05/29/14 - 05:31 am
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BTW: Victoria’s Secret to move

What all those perv's that look into and watch the shoppers from the other side of the hall Balcony going to do now?

Little Lamb
54045
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Little Lamb 05/29/14 - 11:20 am
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Free Wi-Fi

It might be okay for surfing, but I don't think I would do any on-line banking or ordering merchandise or check my brokerage account at an Augusta Mall free Wi-Fi.

bdouglas
6835
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bdouglas 05/29/14 - 12:22 pm
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@LL

If it's like most malls' wifi they'll probably require your email address or something to use it. Was just at the Tanger outlet in Charleston a couple weekends ago and that's what they require. Of course, you can just make anything up and get on.

Butterman
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Butterman 05/29/14 - 05:22 pm
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Classy
Unpublished

Coldwater sold classy clothes.. not the prostitute clothes found in many of the other mall stores. But I guess the trashy "hooker" look is what sells.

jimmymac
63359
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jimmymac 05/30/14 - 09:22 am
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MALL
Unpublished

The Augusta Mall will be a ghost town after the shopping outlet opens on Riverwatch Pkwy. The mall has become a haven for kids loitering and making a nuisance of themselves. It's definitely a place you don't want to go after dark unless your packing.

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