For those of you who write me looking for information about company expectations for new stores, this comes to us from the last Coldwater Creek Investor Conference Call:
"Our store economic model has been to build stores that are about 6000 square feet, achieve sales of $500 a square foot at maturity which is three years down the road and those stores pay back from an economic or cash standpoint in less than 12 months. We continue to believe in that model and in that strategy."
"Our store economic model has been to build stores that are about 6000 square feet, achieve sales of $500 a square foot at maturity which is three years down the road and those stores pay back from an economic or cash standpoint in less than 12 months. We continue to believe in that model and in that strategy."