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Iconic 106-Year-Old Outdoor Retailer to Close All Stores
Eddie Bauer is liquidating all 175 remaining stores after a bankruptcy auction failed to attract qualified bids, while e-commerce and wholesale rights were sold in January.
- Eddie Bauer LLC is closing its U.S. and Canada stores, with liquidation sales underway at all remaining Eddie Bauer locations after 106 years in business.
- Eddie Bauer LLC could not find a buyer during bankruptcy proceedings, and an auction scheduled for Friday was canceled after no qualified bids.
- Authentic Brands Group transferred Eddie Bauer's e-commerce and wholesale licenses to Outdoor 5, according to filings, even as stores liquidate.
- Store-Closing sales will continue unless a satisfactory bid appears; court documents say gift cards won't be accepted after Thursday and must be used by March 12.
- Historically, the company has been sold multiple times and previously reorganized under Chapter 11, including a 2009 filing that led to its sale to Golden Gate Capital.
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13 Articles
13 Articles
Iconic 106-year-old outdoor retailer to close all stores
After 106 years in business, Eddie Bauer is closing all of its brick-and-mortar locations. The closures come after Eddie Bauer LLC was unable to find a buyer for the company as part of ongoing bankruptcy proceedings.
·Michigan, United States
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Coverage Details
Total News Sources13
Leaning Left2Leaning Right0Center8Last UpdatedBias Distribution80% Center
Bias Distribution
- 80% of the sources are Center
80% Center
L 20%
C 80%
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