Did anyone else get the email from the CEO today? This is the gist of it

Our customers have always been at the heart of our business, and despite a challenging economy, and a changing retail environment we at Coldwater Creek have worked very hard to stabilize and reinvigorate our business. And it is now with a heavy heart that I must inform you that we have determined the business is not sustainable and over the next several months Coldwater Creek will begin to liquidate all of our business operations.