DALLAS, Sept. 9, 2011 (GLOBE NEWSWIRE) -- MicroStockProfit.com announces a stock report featuring Coldwater Creek Inc. (Nasdaq:CWTR). The report briefly notes the company's most recent developments and news, and outlines its financial position, market performance, and comparison against industry peers.
The full report is available at: www.microstockprofit.com/lp/CWTR
Coldwater Creek Inc. (CWTR) is a specialty retailer of women's apparel, gift items, jewelry and accessories. It sells its merchandise through a growing number of premium retail stores throughout the country, its own direct-mail catalogs and its e-commerce Web site at www.coldwatercreek.com. The Company's headquarters are located in Sandpoint, Idaho, with a customer contact and tech center in nearby Coeur d'Alene, Idaho and a state-of-the-art distribution and customer contact center located in Parkersburg, West Virginia.
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In the report, the analyst notes:
"After seeing disappointing results for its third quarter, CWTR recently announced a long-term strategic operating plan to return to sales growth and increase profitability."
"The Company plans to improve overall financial performance, which includes a continued focus on expense and inventory management, as well as a store optimization program. This program involves the closure of approximately 35 to 45 underperforming stores over the next two years, including approximately 15 stores in fiscal 2011."
To read the entire report visit: www.microstockprofit.com/lp/CWTR
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