Coldwater Creek, the women’s clothier, is closing its doors after six consecutive years of losses.

Management said Coldwater’s options ran dry after the company put itself up for sale and there were no takers. Coldwater filed for protection from creditors under Chapter 11 of the U.S. Bankruptcy Code today in Wilmington, Del., corporate capital of America.

Company stock has shed 95 percent of its value during its long, painful decline. About 6,000 people work at Coldwater’s 379 stores. The chain’s farewell will include liquidation sales, expected to start May 5, in time for Mother’s Day.

Currently, Coldwater is offering 40% off everything on its website. Coldwater was founded 30 years ago as a catalog seller of women’s clothing and accessories.