A pair of women’s clothing retailers are closing at Glendale’s Bayshore Town Center, with one of those vacant spaces to be filled by an Express clothing store.
Coldwater Creek is closing its Bayshore store at the end of business on Sunday, and will be replaced by an Express store by late spring or early summer, said David Moss, Bayshore general manager.
Express, which sells both men’s and women’s apparel, has been the most heavily requested store by Bayshore shoppers, Moss said Wednesday.
“We’re very excited about it,” he said.
Columbus, Ohio-based Express, which operates Milwaukee-area stores at Southridge Mall and Mayfair, targets customers age 20 to 30. Through the first three quarters of 2012, Express posted net income of $75.3 million on sales of $1.42 billion, compared to net income of $80.3 million on sales of $1.4 billion from the year-earlier period.
Sandpoint, Idaho-based Coldwater Creek was among several new retailers at Bayshore after the renovated and expanded mall opened in the fall of 2006. It sells mid-price and upper range casual clothing for women age 35 to 55
Coldwater, in its latest financial report, posted a $61.8 million loss for the first three quarters of 2012, compared with an $86.9 million year-earlier loss.
Another Bayshore store, casual women’s apparel retailer Christopher & Banks, closed at the end of December, Moss said. A new tenant for that space has not yet been announced.
Plymouth, Minn.-based Christopher & Banks lost $12 million the first three quarters of 2012, compared with a $39.3 million year-earlier loss.
Calls to the corporate offices of Coldwater Creek and Christopher & Banks were not returned.