Eddie Bauer Files for Chapter 11 Bankruptcy for Third Time
By
mgh2
Crusty in the right places. Worth the chew.
Summary
Eddie Bauer, the 106-year-old outdoor apparel retailer, has filed for Chapter 11 bankruptcy protection for the third time. The company operates approximately 180 stores across the U.S. and Canada and cites declining sales and 'tariff certainty' as factors behind the bankruptcy filing. Despite the bankruptcy, retail locations will continue serving customers as the company begins winding down operations.
Key quotes
· 3 pulledEddie Bauer said Monday that it has declared bankruptcy — the third time the 106-year-old outdoor apparel retailer has filed for Chapter 11 protection from its debts.
The Bellevue, Washington-based company, which operates roughly 180 stores across the U.S. and Canada, said its retail locations will continue serving customers as the company starts wind
Eddie Bauer, a 106-year-old retailer, points to declining sales and 'tariff certainty' as factors behind its latest move to seek bankruptcy protection.
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