Coldwater Creek growth targets NY/NJ

Sandpoint, ID — Coldwater Creek, the multi-channel retailer of woman's apparel, jewelry, gift and home furnishings, will grow its current store base of 14 units with the opening of three New York/New Jersey locations within the next month.

A location in Marlton, NJ, will open by the end of this month, the company said. In mid-November, locations will open in the Walt Whitman Mall in Huntington Station, NY, and the Garden State Plaza, Paramus, NJ. The company expects to open 19 stores this fiscal year, for a total of 29 retail stores in time for the holiday season.

The catalog, Internet and bricks-and-mortar retailer, based here, previously has stated that it plans to open a total of 80 retail store locations in 29 states over the next few years.

As a result of this planned growth, the company recently announced that it has hired Daniel Griesemer as senior vp of retail. Griesemer previously held upper management and executive posts for Gap, Gap Kids and Federated.

The company has said that it chooses areas for expansion based on the location of many of its Internet and catalog customers, as well as the performance of existing stores in and around the region. The average store, ranging from 7,000 square feet to 8,000 square feet, is located in malls or outdoor plazas and includes a waterfall and seating areas for customers.

Though clothing is the focus of the stores, the home area takes up around 25 percent of the store, the company said. However, in larger stores more home items, such as bedding, are included. The company has noted that sales of coordinated loungewear and home merchandise have also done very well.

Featured Video

  • Live From New York: Fashion Comes Across the Pond

    Camera Icon More Videos

Subscribe to
Home & Textiles Today eDaily
Receive the news you need to know about the trends in the industry delivered right to your inbox.

CURRENT ISSUE

HTT Cover October 2017

See the October 2017 issue of Home & Textiles Today. In this issue, we look at the Top 25 Online Retailers.  H&TT's exclusive annual ranking of the biggest online sellers of home textiles finds that while pure play etailers continue to fly, bricks & clicks are digging into omnichannel. See details!