Coldwater Creek Inc., a women’s clothing retailer that hasn’t been profitable since 2007, is planning to liquidate its assets after a bankruptcy filing that may come as soon as today, Bloomberg News reported yesterday. The filing would come five months after Coldwater said that it was exploring strategic alternatives, including a sale. Coldwater would follow Dots LLC and Loehmann’s Inc., two clothing chains that have liquidated in recent months amid sluggish consumer spending. Sales at Coldwater stores that have been open at least a year, considered a key gauge of retail performance, plunged 17 percent in the quarter ended Nov. 2.
