Another store in the Otay Ranch Center mall will be closing its doors soon. Coldwater Creek, an upscale women’s clothing store, and Coldwater Creek Spa, a full-service salon, will be going out of business on December 30.
According to an August 29 Coldwater Creek press release in Reuters, the company’s retail, outlet, and day spa sales are down. The closure in the Otay Ranch Town Center location, close to the SR-125 toll road, is part of the chain’s “store optimization program.” According to the press release, “The company’s plan calls for the closure of up to 45 stores from fiscal year 2012–2013.
The mall, which opened in 2006, was supposed to draw additional anchor stores such as Nordstrom and/or Neiman Marcus. Instead, as a result of the economic recession, a number of stores and eateries have closed.
However, mall foot traffic in the past year has been somewhat bolstered by the opening of a Chula Vista Police Department storefront and a Chula Vista library branch.