Coldwater Creek doubles 1Q income

Despite a slight dip in sales, Coldwater Creek (Nasdaq: CWTR) managed to double its first-quarter net income. For the three months ended June 1, the apparel cataloger/retailer reported net income of $2.8 million on net sales of $112.0 million. For the previous first quarter, the Sandpoint, ID-based company netted $1.4 million on $112.9 million in sales.

Sales within the direct division, which includes outlet stores as well as the catalogs and the Internet, fell nearly 15%, to $88.5 million from $103.7 million a year ago, due primarily to decreased circulation. But Internet sales rose 11%, to $38.5 million from $34.7 million. Sales from retail stores more than doubled, to $23.5 million from $9.1 million.

Partner Content

Hincapie Sportswear Finds Omnichannel Success in the Cloud - Netsuite
For more and more companies, a cloud-based unified data solution is the way to make this happen. Custom cycling apparel maker Hincapie Sportswear has leveraged this capability to gain greater visibility into revenue streams, turning opportunities into sales more quickly while gaining overall operating efficiency. Download this ecommerce special report from Multichannel Merchant to more.
The Gift of Wow: Preparing your store for the holiday season - Netsuite
Being prepared for the holiday rush used to mean stocking shelves and making sure your associates were ready for the long hours. But the digital revolution has changed everything, most importantly, customer expectations. Retailers with a physical store presence should be asking themselves—what am I doing to wow the customer?
3 Critical Components to Achieving the Perfect Order - NetSuite
Explore the 3 critical components to delivering the perfect order.
Streamlining Unified Commerce Complexity - NetSuite
Explore how consolidating multiple systems through a cloud-based commerce platform provides a seamless experience for both you, and your customer.